Let’s consider your income, credit, down payment, liabilities, pre-payment options, pre-payment penalties, mortgage restrictions, portability, assumption options, amortization, age, location, rents, and more.
Wait, what was your question?
Your goal is to obtain the best mortgage to fit your situation. Rate is simply part of the equation.
If this seems more complicated than you thought, you are correct. There are multiple mortgage considerations that may be important to your unique situation. We explain the terms, review the variables, and make sure you have the mortgage designed to fit your needs. Always happy to help and we welcome your comments.