Is now the time for a
New Home Loan?
Lowest Rates in Years
Now may just be the perfect time to buy your dream house or refinance your current “home sweet home”. Interest rates are the lowest that they have been in 20 years. Many lenders are telling their clients to get their finances in order and come on in for their new home loan.
What is Your Credit Score?
The first item on your to-do list should be: Order a Credit Report. If you are married you will need one for you and one for your spouse. When you have received the results of the report, check it over. You will want to check your credit score and look for any negative listings.
A low credit score or negative listings can cause you to pay a higher interest rate on your loan. Even in today’s market of great mortgage rates a poor credit report will still cause you to pay a high interest rate.
Act Now
It is important to move quickly low rates will not last forever. Now is the time to take advantage of great financial savings and get your new home loan!
