If you’re in contract on a home
We’ll start here since time is tight. First off, congratulations! You won the bid and are ready to rock. In between inspections, appraisals and moving plans, you’ll want to look into lowering your rate—it could save you thousands or even tens-of-thousands of dollars, which is likely why you’re here reading this article. It must be said, even if you’ve already secured financing, it’s never too late to search for a second financing opinion prior to signing at the closing table.
But, time is of the essence.
If you’ve already locked a rate with a lender, or even received loan disclosures, you’re unlikely to be able to lower your rate with that lender. Getting a few quotes from new lenders is a smart choice. Definitely chat with a Lower advisor to get a quick, no-commitment quote that won’t impact your credit score.
If you’re still choosing a lender
Good news is, if you haven’t applied or gotten pre-approved with a lender yet, you can start now. Make sure to get a few opinions. And of course, you’ll want to check with us here at Lower. Enter a few pieces of information and a no-impact credit check to see your rate.
