如何获得最佳抵押率

A home loan is a long-term debt, one that will likely stay with 您 until 您’re old 和 gray, 和 one that will eclipse any other loan that 您 acquire throughout 您r life. 

Start 降低ing 您r debt today.

致电800-449-0273。

It’s imperative, therefore, that 您 find a 抵押 with low-interest rates; a 抵押 that will lead to 降低 interest payments over the life of the loan and, preferably, leave more money in 您r bank 在 end of each month.

那’s not an easy feat to achieve but there are a few ways 您 can get a lower interest rate 而且更易于管理 monthly payment while still securing the house of 您r dreams. 

Whether 您’re a first-time home buyer or a seasoned real estate investor, these tips will help 您 secure the best possible 抵押 rate.

Improve 您的 Credit 得分

您的 credit score 是获得低抵押贷款利率的最重要考虑因素之一。低 credit score and a credit report 带有贬义标记的垃圾可能会导致几乎任何拒绝 抵押类型。高 credit score, however, will increase 您r options 和 allow 您 to secure the best 费率。

放贷人可以看看 FICO Score 或VantageScore来计算您的 信用评分。它没有’他们选择哪一个真的很重要。唯一重要的是 credit report is clean, 您r payment history is unblemished, 和 您 have a high credit utilization ratio.

如果你的 credit score 目前还不够强大,然后开始进行一些更改以确保在需要时变得更强大。一些贷款,包括 FHA loans and VA loans (offered by the 联邦住房管理局 和退伍军人协会),可以让您获得更高的抵押贷款 信用评分,但您可以支付 higher interest rate 并且您的选择也将受到限制。

Improve 您的 Debt-to-Income Ratio

您的 debt-to-income ratio or “DTI”是 home buying process 和 will dictate what kind of 年利率 您’re offered 和 whether 您’甚至提供了 home loan or not. It’s calculated by comparing 您r total 每月一次 debt obligations to 您r gross income, 和 mortgage lenders 通常希望看到低于50%的比率。

要计算您的DTI,只需将您当月的所有总收入相加,然后将其与您的债务付款进行比较即可。如果您每月赚取6,000美元,并有3,000美元的债务还款,这意味着您的DTI为50%,因为3,000美元是6,000美元的50%。通常,这是 mortgage lender 会接受。还有更多,您可能会被拒绝 mortgage loan.

You can improve 您r DTI by increasing 您r income or reducing 您r debt. Clear as many of the balances as 您 can or refinance the loans to reduce monthly payments.

Reduce 您的 Loan Term

You could reduce 您r total balance by tens of thousands of dollars by applying for a 15-year 抵押 term instead of a 30-year 抵押  term. 

例如, 30-year 抵押  with a 4% APR 和 a $200,000 balance will cost 您 $954 a month 和 $343.000 在 life of the loan. By applying for a 15-year 抵押 instead, 您 will pay nearly $500 more per month, but close to $90,000 less 在 术语。

那’考虑到您可以节省很多’t have a lower rate and haven’t increased 您r down payment. It’s all about the term, because the longer 您r loan is, the more the interest will grow 和 the 更高 您r total interest will be.

当然啦’s a big ask to find an extra $500 a month, but if 您 do 您r sums 和 calculate how much 您 can afford to spend, 您 can adapt 您r 抵押 accordingly, getting the best rate from all mortgage 贷方 只需将总数减少几年即可。

节省更大  Down Payment

A down payment 产生了巨大的变化,因为它从本质上减少了贷款的规模。如果你’以5%的价格重新购买价值200,000美元的房屋 down payment, 您’重新申请190,000美元的贷款。但是如果您将其增加到20%,’re only asking the lender for $160,000, which is significantly less 和 will impact 您r loan in many ways.

您的 monthly mortgage payment will be smaller, as the balance is smaller 和 there is less room for interest; 您 can look at reduced terms, thus saving even more, 和 您 can also 避免付款 private mortgage insurance (PMI) which could cost 您 up to $100 a month.

例如,让’s说您赚了5% down payment and have budgeted for between $1,000 和 $1,200 a month on a $200,000 house. With a 30-year term 和 a $190,000 抵押 , 您’ll pay around $910 a month 和 this will take 您 above $1,000 when allowing for insurance premiums 和 property taxes.

但是,如果您放下20%, monthly payment will be just $760, 和 您 韩元’不需要为 PMI。结果,您可以将任期缩短为20年,每月花费几百美元,但可以节省50,000美元。 life of the loan 并大大减少了还款时间。

当然,节省更多 down payment 说起来容易做起来难。但这不是您需要着急的过程。花点时间,做些牺牲,卖掉一些物品,减少你的 credit card 和个人贷款债务,因此在月底将更多资金留在您的银行中。几年后,您应该已经省了很多钱,可以考虑多花点钱 upfront.

选购  Best 抵押 Rates

它应该不用说,但是你’d be surprised at how many borrowers take the first offer they receive or simply go with a bank they know 和 trust. But by comparing rates offered by 不同的贷方,您可以节省一切  交易费用  to fixed-rate 抵押  and adjustable-rate 抵押  rates.

比较购物 is easy 和 there are many sites that can help 您 with this, cycling through multiple loan types (VA loans, FHA loans, USDA loans, Conventional loans), mortgage interest rates, 和 providers to see which one is best for 您 和 which bank or credit union you should apply to.

结论:保持耐心,提出问题,努力工作

Whatever option 您 choose, it’s important to stay patient, try as many of these tips as 您 can, 和 speak with a debt specialist or mortgage broker if 您 have any questions. 

一旦您确保 better rate, get a preapproval and start looking for a home. When 您 find one 您 like, be tough in the negotiations 和 don’支付比您最初预算多的一分钱。想想你的每一美元’会花多少钱才能增加 loan amount 以及每个月要花多少钱。

您的 hard work doesn’t end when 您 have 您r new home. Every extra cent 您 put towards 您r monthly payment and every windfall 您 throw 在 balance will take 您 one step closer. 

如果您发现自己的位置比第一次申请时要好得多,请考虑一下 refinancing at the lowest rate possible. Mortgage companies won’仅仅因为您节省了几分而不会为您提供此价格 FICO credit score; 您’我们需要减少您的任期或支付一些额外的现金才能实现这一目标。