Every homebuyer is looking for ways to get the lowest rate possible on their mortgage, but how much does your down payment impact that number? Today we’ll tell you whether a large down payment will benefit you and explain why the down payment amount might mean more for those with lower credit scores.

Here’s what we discuss in this episode:

💸 Why a Bigger Down Payment Doesn’t Always Mean a Better Rate

📉 When Credit Score Matters More Than Cash

🏚️ The Risk of Putting Too Much Money into the House

✨ How Small Credit Tweaks Can Boost Your Rate Potential

⚖️ 3% vs. 5% Down

 

CONTACT:

Schedule a time to meet with Bill here: https://calendly.com/blitton/

Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/

Call: 484-352-4151.

Check us out on YouTube: https://bit.ly/3KbUxAF