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Other financial discussions
Generally speaking the interest rate on your loan will be a function of your credit profile. If your DTI is high and other credit metrics including FICO score, debt outstanding, etc., you're going to be hard pressed to find a lender to give you a low rate loan. You could try talking to some credit unions, etc., but lenders are generally fairly savvy and will only extend credit to risky borrowers if they'e being adequately compensated for the increased risks via a higher interest rate.
‎February 18, 2019
11:23 AM
4,001 Views