Here’s the honest truth:
Those online rate quotes you see? They’re usually… not the whole story.
Most of the time, they’re built to capture your info — not give you the exact rate you’ll actually qualify for.
What REALLY Determines Your Interest Rate
Your personalized rate depends on things like:
- Your credit score
- Loan program (Conventional, FHA, VA, etc.)
- How much you’re putting down
- Your debt-to-income ratio
- Whether the home is a primary, second home, or investment
- Property type (single-family, condo, duplex)
- The market that day — yes, rates literally move throughout the day
All of these pieces matter. Online calculators can’t account for real-life nuance.
Why Online Rates Look Too Good to Be True
Those super-low rates you see online usually assume:
- Perfect credit
- A big down payment
- Zero debt
- Buying a single-family home
- You’re paying discount points upfront
Basically… the “unicorn buyer” profile.
Most real buyers don’t fit that picture — and that’s completely normal.
The Bottom Line
The best interest rate isn’t the one in a banner ad.
It’s the one you actually qualify for based on your situation, goals, and budget.
If you want a real rate quote you can trust — without the games — I’ve got you.