HACK YOUR INTEREST RATE?!?!

Everyone knows that the lowest interest rate has the lowest payment, right?

WRONG!

Yes, the interest rate entirely impacts the Principal and Interest Payment.

And yes, the Taxes, Insurance and HOA will not change, regardless of the interest rate.

However, the part of the payment that we’re talking about which will impact the majority of home buyers is Private Mortgage Insurance (PMI).

Now, if you are one of those people who are lucky enough to put 20% down, or more, congratulations, but this isn’t for you.

Not surprisingly, most people don’t understand that PMI is available through various carriers. They all have different business models etc. , so, just like any other business, the costs are different for each of them.

Due to these differences, the costs can also vary widely for the same scenario of Credit Score, Debt to Income Ratio, Down Payment, LTV, Reserves, etc.

Now that you know this “Secret Hack” to getting the lowest possible monthly payment, you have one more tool to decide the best Mortgage Broker to meet your needs.

The key issue is that some lenders will only have one source of PMI. What are the chances that the one option they have is the lowest for you? Possibly, but not surely.

You can use this information and shop with 300+ Lenders and Banks yourself or you can do yourself a huge favor and just contact us for your Mortgage Financing.

Our team at SmartestLoan.com ALWAYS makes sure we provide the lowest COMBINATION for the INTEREST RATE and the PMI, therefore getting you the lowest payment possible from HUNDREDS of mortgage finance sources. Smartest Loan.com