I'll just start by saying, the home buying process has not been fun. As of yesterday we are under contract as first time home buyers. We were pre-approved with a small local bank and yesterday they quoted us a rate of 3.65%. I have heard nothing but great things about this bank and they have been helpful to us.
Another lender my realtor recommended quoted 3.99% and came off like a car salesman. He was extremely pushy over the phone and via email saying he doesn't think anyone else can make our closing date (23 days out).
I just feel completely ignorant on this whole process and I hate learning the hard way (like when I bought my first new truck and got railroaded). In doing my research made my paranoia worse. Like reading horror stories on TexAgs about crappy lenders. I'm leaning toward going with my local bank because they're local and it would seem to me like they would be much easier to deal with and more trustworthy. Also, my brother told me that 3.65% was a good rate and I should take it.
Is there anything y'all would recommend that I look out for on this? I'm just looking for advice on making sure I make the best decisions for my family.
TIA
Another lender my realtor recommended quoted 3.99% and came off like a car salesman. He was extremely pushy over the phone and via email saying he doesn't think anyone else can make our closing date (23 days out).
I just feel completely ignorant on this whole process and I hate learning the hard way (like when I bought my first new truck and got railroaded). In doing my research made my paranoia worse. Like reading horror stories on TexAgs about crappy lenders. I'm leaning toward going with my local bank because they're local and it would seem to me like they would be much easier to deal with and more trustworthy. Also, my brother told me that 3.65% was a good rate and I should take it.
Is there anything y'all would recommend that I look out for on this? I'm just looking for advice on making sure I make the best decisions for my family.
TIA