5 Proven Ways to Lower Your Mortgage Rate (Even with Less-Than-Perfect

Yes, rates are higher — but that doesn’t mean you’re stuck. Whether you're buying in PG County, Fairfax, or Montgomery, smart buyers are using these five strategies to lock in lower payments without waiting for the Fed.

👇 Here’s how you can save BIG on your monthly mortgage:

1. Buy Down the Rate with Discount Points 🎯
Lenders let you pay upfront to lower your interest rate long-term. One point = 1% of the loan amount = ~0.25% off your rate. Great for buyers planning to hold for 5+ years.

2. Use a Temporary Buydown (2-1 or 3-2-1) ⏳
This tactic gives you a lower rate in year 1 or 2 — sometimes funded by the seller. Use the savings to invest, build reserves, or ease into the payment.

3. Quick Credit Fixes 📈
A 20-40 point boost can drop your rate. Simple moves: pay down a card to under 30% utilization, dispute errors, or ask a lender about rapid rescore programs.

4. Go Shorter-Term 🔐
15-year or 20-year loans come with lower rates and big savings on interest. Great for move-up buyers or equity-rich homeowners looking to refinance.

5. Shop Multiple Lenders 🧾
Not all lenders quote the same rate. Use a broker, or get 3-5 quotes yourself. Local lenders sometimes have access to grant programs or internal rate specials.

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🔥 Bonus Tip: If you're in the DMV and want a vetted lender list with aggressive rates and great service — DM me. I’ll send you my shortlist.

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