Originally Posted by Lady Sage

I answered in a thread similar to this a month or so ago... I think if you search my previous posts or scroll down through the threads you will find it. I hope it helps!

Ha! Found it!!!

Hello, I have worked in banking for over 5 years, perhaps I may be of assistance. Every bank/mortgage broker is different, shop around! Credit is what makes or breaks you as most places have a plan that will match your down payment up to X dollar amount. Here are some questions to ask that are very important. What is my pre payment penalty? What are my ap fees? What are my title search fees and fees in general? How much will my closing costs be? Will i have to deal with PMI? What is the best plan for me? (fixed/variable/ARM) I personally suggest a fixed rate as rates are on the rise and arms also deal with periodic variable rates. I hope this helped you some.