Try to make a bigger down payment.

You know how home loans require down payment?  Well, if you’re able to pay the minimum, chances are you’ll still have a few more years to go.  Your chances of being a risk to lenders can be pretty high, though.  Hence, make a much larger down payment.  With a deeper equity stake in your mortgage, you won’t be seen as much of a risk.

Enhance credit scores.

The typical lending groups would often charge very high interest rates for people with low credit scores. In fact, a minimum credit score of anywhere between 620 and 640 will result in this. Yet, if you manage to increase your credit score, the results will be as expected – lower interest. Having a score like 740 and you’ll get the best tier loan program. Take it from the experts.