The interest rate you are quoted will be based on an overall assessment of your credit risk based on a number of factors, including your income, employment history, Debt to Income Ratio, credit history, and credit score. Your interest rate is also influenced by:
Down Payment. A greater down payment may possibly provide for a better interest rate.
What type of loan you get. Non-conforming loans typically carry higher rates than Conforming loans.
The term of the loan. The shorter the term of the loan, the better the Interest Rate.
Discount "Points" paid.
Northlawn Financial, Inc.
Residence Types | Credit Scores | Loan To Value(LTV)
| Combined LTV(CLTV) | Assets and Reserves | DTI Ratios
| Income Types | Mortgage Insurance
