Questions To Ask Lender When Buying First Home [2026 Update]

Compare options like (stable payments) versus Adjustable-Rate (lower initial rates that change).

Ask how long a lock lasts (typically 15–60 days) and if there are associated fees. questions to ask lender when buying first home

Inquire if you can get a lower rate ("float down") if market rates drop before you close. Questions to Ask When Choosing a Lender questions to ask lender when buying first home