First-Time Buyer? Here's How to Get the Best Mortgage Rate

Season 1 | Episode 26
8m | Sep 8, 2023

Are you a first-time homebuyer? Congratulations! Buying a home is a big step, but it can also be an excellent investment. Your mortgage rate is one of the most important things to consider when buying a home. A lower mortgage rate can save you thousands of dollars over the life of your loan.

In this video, I will share tips on getting the best mortgage rate as a first-time buyer. I'll cover things like:

How to choose the right loan program

Seller-funded buydown options

How to improve your credit score

So, if you're a first-time homebuyer looking for the best mortgage rate, watch this video!

๐Ÿ“… Schedule a Home Loan Consultation:


๐Ÿ“Œ More Helpful Content:

๐ŸŽฅ ๐Ÿ ๐Ÿ“ The Ultimate Guide to Submitting a Home Loan Application Successfully! ๐ŸŽ‰๐Ÿ’ผ


00:00 Introduction

00:32 Choose the Right Loan Program

01:48 Seller Funded Buydown Options

03:37 Choose the Right Partners

03:57 You must have your down payment

04:31 Credit Scores

07:39 Recap

Robert Elliott Lewis is a Federal Mortgage Loan Originator (NMLS 180100) licensed in all 50 states with American Mortgage Bank (NMLS 1151140), a Registered service market of First State Bank of Elmore City, and an Equal Housing Lender. Separately, Robert owns Lend2usa, an education company. Lend2usa is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This video is only for educational usage. All calculations should be verified independently. This video is not an offer to lend and should not be used directly to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, or real estate advice. Seek counsel from a licensed real estate agent, loan originator, financial planner, accountant, and/or attorney for real estate, legal, and/or financial advice. First State Bank of Elmore City is not affiliated with the VA, FHA, or any other government agency. This video has not been approved by any government.

Audio Player Image
The Home๐Ÿ  Show