Questions To Ask Lender When Buying First Home (2027)

Inquire if you can get a lower rate ("float down") if market rates drop before you close. Questions to Ask When Choosing a Lender

Ask about vs. Government-Backed loans (like FHA , VA, or USDA). questions to ask lender when buying first home

Ask how long a lock lasts (typically 15–60 days) and if there are associated fees. Inquire if you can get a lower rate

Compare options like (stable payments) versus Adjustable-Rate (lower initial rates that change). questions to ask lender when buying first home