题目

Please list the factors affecting the loan pricing.
谁能告诉我影响贷款利息的因素都有什么啊?

提问时间：2021-01-25

答案

Various factors interact to adjust your loan pricing.The major factors include:
Credit Profile:We will obtain a credit report that shows the amount of debt you have outstanding and how you have historically paid on your debt and obligations.The credit report will also contain a "credit score" that ranks your credit history.Credit scores look at five main kinds of credit information,namely:payment history; amount owed; length of credit history; new credit; and types of credit in use.Generally,if you have had any history of nonpayment or late payments on any loans or debt,this may lower your credit score and increase your interest rate and costs.People with high credit scores consistently:pay their debts on time,keep balances low on credit cards and other revolving loans; and apply for and open new credit accounts only as needed.
Property:The type of property you are mortgaging also impacts your loan pricing.For example,investment property,condominiums or multifamily housing are usually considered to have a higher risk to lenders than single-family detached homes.The value of the property (usually determined by an appraisal) as compared to the amount you wish to borrow (the "loan-to-value ratio" or "LTV") also impacts your loan price.The higher the LTV,the higher the interest rate and costs.LTV’s over 80% also usually require mortgage insurance.The price of mortgage insurance may vary based on your credit profile.
Income/Debt:The amount of your mortgage payments and total debt payments as compared to your income,("debt-to-income ratios") may also impact your loan cost.The higher your debt-to-income ratio,the higher our risk,and so the higher the interest rate and fees.
Other Factors:Other factors may also affect our risk,and your interest rate and origination charge.These factors include,but are not limited to:previous bankruptcies,foreclosures or unpaid judgments; and the type of loan product applied for,such as adjustable rate versus fixed rate,or cash out refinance versus rate and term refinance.