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Eldengames OP t1_iyd4okf wrote

Reply to comment by alexm2816 in Trying to Buy First House But Feel Like My Loan Just Isn't Right by Eldengames

The loan term is over 30 years, I'm working right now with the agent to find the interest rate so hopefully I'll be able to let you guys know here shortly.

Would it be best to shop this around before finding a house or is the process short enough with other lenders that I can do this after finding one?

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alexm2816 t1_iyd5l6n wrote

If you're being extended a >9% rate from a lender I'd be bailing on them ASAP. That's a bit of a joke even in today's mortgage market.

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