What actually determines the rate I'm quoted?
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Your mortgage rate is built from your credit score, loan-to-value ratio, loan program, property type, occupancy, and loan amount, layered on top of the day's market pricing. Two borrowers buying identical houses on the same day can be quoted meaningfully different rates based on those inputs alone. This is also why an advertised rate you see online rarely matches what you'd actually be offered, since those are usually built on ideal-scenario assumptions. The only way to know your number is a real quote on your real file.