Questions To Ask Lender When Buying First Home Apr 2026

The APR includes both the interest rate and the fees required to originate the loan, providing a truer cost of borrowing.

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

Compare options like (stable payments) versus Adjustable-Rate (lower initial rates that change). The APR includes both the interest rate and

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