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Author: CCinOC Big gold star, 5000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127565  
Subject: Re: Down payments Date: 12/14/2013 1:05 PM
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From what I saw from the mortgage broker and credit union that I shopped, a higher down payment didn't affect the interest rate.

Not all lenders price the same. Here's a screen shot of the price adjustments section of a wholesale rate sheet. LTV + FICO create a separate price adjustment. Depending on the lender,* there are greater or lesser breakdowns of price adjustments; for example, some (but not all) lenders offer better pricing for purchases than refinances.

https://www.dropbox.com/sh/z7ntxmfnz2xhcdd/x2e8RqzYLB/Screen...

* More precisely, pricing depends on the Wall Street investor underlying the "Main Street" lender.
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