Going through the mortgage approval process can be tedious, time-consuming, and stressful.
But working hard to get a lower interest rate is totally worth it.
According to Business Insider, prospective homebuyers should give themselves at least a few months to get prepared for the rigamarole.
First, get your credit score up as high as you can.
Second, get your debt-to-income ratio as low as you can.
Always pay on time, and pay off any credit card balances before applying for a new mortgage.
