Lower Your Payments

It's simple. You want a mortgage with the lowest possible payments, up-front costs, and interest rate. If you have good credit, a steady income, and a lot of equity or money for a down payment, it's a slam-dunk. If you don't, then getting the lowest payment and interest rate is all about planning. It's still possible, but it takes more than just shopping around.

Here's What You Need To Do
Become a prime borrower You can plan your mortgage specifically to help you fix your credit to become a prime borrower. To do that, you want the lowest monthly payment possible so you can meet all your obligations, including your mortgage. After six months to two years, you could put yourself in line for the best interest rate out there.

Here's What You Need To Do

Become a prime borrower

You can plan your mortgage specifically to help you fix your credit to become a prime borrower. To do that, you want the lowest monthly payment possible so you can meet all your obligations, including your mortgage. After six months to two years, you could put yourself in line for the best interest rate out there.

Here's The Type of Loan You Should Consider
3/6 Adjustable Rate Mortgage If you don't qualify for the best interest rates, a 3/6 ARM can help you become a prime borrower with the lowest payment and interest rate. Interest is low for the first three years. If you fix your credit in that time, you can qualify for a fixed loan with the lowest possible interest rate before your interest rate goes up.	3/6 Interest Only ARM If you need a low interest rate and monthly payment, 3/6 interest only ARM delivers. Your monthly payment covers only the interest for the first three years, so you are able to fix your credit and build a good mortgage history.

Here's The Type of Loan You Should Consider

3/6 Adjustable Rate Mortgage

If you don't qualify for the best interest rates, a 3/6 ARM can help you become a prime borrower with the lowest payment and interest rate. Interest is low for the first three years. If you fix your credit in that time, you can qualify for a fixed loan with the lowest possible interest rate before your interest rate goes up.

3/6 Interest Only ARM

If you need a low interest rate and monthly payment, 3/6 interest only ARM delivers. Your monthly payment covers only the interest for the first three years, so you are able to fix your credit and build a good mortgage history.