The annual percentage rate (APR) you get is based on a range of factors. You can find out what rate you’re likely to get during the mortgage pre-approval process.
Here are a few things we’ll consider when offering you a great rate:
- Your credit score and repayment history
- Your debt-to-income (DTI) ratio
- Your loan amount or loan-to-value (LTV) ratio
- Your preferred loan term (shorter terms get lower rates)