How to Find Low Mortgage Interest Rates by Homefront Mortgages

If you do a quick search on the internet for mortgage rates, you will find a number of sites advertising very low interest rates for a mortgage.  What is not readily evident for many of those sites is that to qualify for that rate you have to be pigeon holed into a very specific loan scenario.  In reality, it is literally impossible to get an accurate interest rate quote until your complete financial situation is analyzed.  A quick quoting website just uses assumptions that may or may not be realistic.

The smarter approach would be to contact a full service mortgage broker that has access to up to the minute interest rate information for a multitude of lenders.  A mortgage broker like Homefront Mortgages in Summerville South Carolina works directly for you.  As your representative, Homefront Mortgages can do a full analysis of your application and submit to the lender that is the best fit for your needs.  Homefront can also explain to you all of the different mortgages products that fit your situation.  Many times, Homefront might be able to find lenders with lower requirements for your mortgage goals.  This could mean anything from lower interest rates to lower down payments.

Homefront Mortgages can also prequalify you before you shop for a home.  With a prequalification in hand you can shop knowing your budget. You can also be confident that you will qualify for a mortgage.  Many times a seller will only accept offers that are accompanied by a prequalification letter.  A quality prequalification letter may be the key to having your offer being accepted over another offer.

If you are in the market for a mortgage loan and need to find the lowest rates for your situation, contact Homefront Mortgages for a Free Consultation or call (843) 261-6181(843) 261-6181