Thursday, February 29, 2024 / by Don Minehart
The Truth About 6 Common Mortgage Myths: Separating Fact from Fiction Myth 3
REALITY: it’s not a one size fits all! While a substantial down payment can be a plus, it's not the sole factor determining interest rates. Credit score, loan type, market conditions, and other factors also play crucial roles. Let’s discuss the down payment and interest rate maze together. Then will direct you to some lenders that may be best suited to your needs.