How To Secure A Mortgage With Competitive Rates

The Down Payment Myth Busted

It’s widely believed that a large down payment is your golden ticket to lower rates. But here’s the kicker—you can actually secure competitive rates with as little as 3.5% down, thanks to programs like FHA loans.

For conventional loans, lenders traditionally like to see more. But what they won’t often tell you is how offsetting a smaller down payment with a superb credit score becomes a game-changer.

Timing and refinancing future-ready strategies can also bring better outcomes. Leveraging what’s available—term awareness, refinancing roadmaps—becomes key as prospects arise.

Don’t let the myth solely guide your choices. Here’s what typically goes unsaid, and how you can reinvent your approach for intricate benefits.