Strategies To Get A Lower Mortgage Rate

VIDEO SUMMARY In this video, you'll learn 10 different ways to get access to lower mortgage rates. READ MORE ON OUR WEBSITE https://homebuyer.com/learn/lower-mor... TIMESTAMPS 0:00 Introduction to Lower Mortgage Rates 0:14 About Homebuyer.com 1:13 Close Faster / Rate Lock Length 2:15 Pay Discount Points 3:25 Seller Concessions 4:29 Temporary Mortgage Rate Buydowns 6:08 Adjustable-Rate Mortgages (ARMs) 6:51 Raise Your FICO 20 Points 7:50 Use HomeReady or Home Possible 8:35 Use a First-Time Home Buyer Program 9:05 Increase Your Down Payment 10:50 Get Multiple Rate Quotes 12:10 Non-Optimal Strategy 1: Shorter Loan Term 13:08 Non-Optimal Strategy 2: Floating Mortgage Rates 14:00 Outro ABOUT OUR CHANNEL This channel provides straightforward advice about mortgages, real estate, first-time home buyer programs, and more. Homebuyer.com is operated by Opendoor Home Loans LLC. We cover important topics, including how to get approved for a low-down payment mortgage, how to get a better mortgage rate, and the grants and programs for first-time buyers today. WHERE TO FIND US Website: https://homebuyer.com LinkedIn:   / homebuyer   IMPORTANT NOTICES AND DISCLOSURES Homebuyer.com is operated by Opendoor Home Loans LLC (NMLS #2810193), 1295 W Washington St, Suite 115, Tempe, AZ 85288. 480-618-6760. NMLS Consumer Access: www.nmlsconsumeraccess.org. Homebuyer.com and Happy Homebuying are trademarks of Opendoor. This YouTube channel has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. Not available in all states. Not for use in New York. Equal Housing Opportunity. All mortgage applicants are subject to credit and underwriting approval. Not all applicants will be approved for financing. The receipt of an application does not represent approval for financing or an interest rate guarantee. Restrictions may apply. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Homebuyer.com does not guarantee the quality, accuracy, completeness, or timeliness of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error-free. Happy Homebuying!