- Check your credit score and improve it if necessary.
- Calculate your debt-to-income ratio and aim to keep it below 36%.
- Save for a down payment of at least 20% to reduce your LTV ratio.
- Shop around and compare offers from multiple lenders.
- Negotiate the best possible interest rate, fees, and closing costs.
By following these tips, you can increase your chances of finding the best mortgage rates and terms, unlocking the door to your dream home.
FAQ
Q: What is the best type of mortgage for me?
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