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.<br />According to Business Insider, prospective homebuyers should give themselves at least a few months to get prepared for the rigamarole.<br />First, get your credit score up as high as you can. Second, get your debt-to-income ratio as low as you can.<br />Always pay on time, and pay off any credit card balances before applying for a new mortgage.<br />Take at least a six-month moratorium from applying for new accounts as well.<br />Finally, shop around for the best rate that's suitable for your particular situation. Good luck!
