Mortgage lenders charge interest rates based on your

Name: Mortgage lenders charge interest rates based on your
Brand: Quizplus
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Mortgage lenders typically use credit scores to determine the interest rate they will charge borrowers. A higher credit score can result in a lower interest rate, while a lower credit score can result in a higher interest rate. Front-end ratio, liability, and escrow are factors used to qualify borrowers for a mortgage, but they are not directly related to the interest rate.

Mortgage Lenders Charge Interest Rates Based on Your