Boost Home Buying Power

When you're shopping for a home loan pre approval, a lower mortgage rate can help you borrow more money without increasing your monthly mortgage payment. This is because a lower interest rate means you'll pay less in interest over the life of your loan. With more of your payment going towards paying down the principal balance of the loan, rather than paying interest, a lower interest rate can improve your mortgage prequalification and allow for a larger loan amount while keeping your monthly payment the same or similar to what it would have been with a higher interest rate. Contact us for your mortgage pre approval in Frisco, Plano, McKinney and surrounding areas.