3 Reasons You Might Not Get An Advertised Interest Rate

http://www.msn.com/en-us/money/realestate/3-reasons-you-might-not-get-an-advertised-interest-rate/ar-BBt9ypq#page=1

So many things play into your rate, the type of home, the day you rate lock, credit scores, points, and much more.  Its important to have a mortgage lender that knows what they are doing.  I tend to avoid the big banks and use local lenders, I find they have better service and each state has different regulations - especially if it is condo.

1. Your credit score is less than excellent
2. You’re shopping for a vacation home
3. Your lender doesn’t want to get competitive