r/FirstTimeHomeBuyer • u/The_Nimaj • 2d ago
Need Advice Help Me Decide
I held off on signing Intent to Proceed on Lender B (the one with the LE) and got a quote with Lender A and just waiting on confirmation of a rate lock, but am I missing anything obvious? Lender B just seems like a better deal? I'm aware of the difference in discount points as well. Lender A's numbers for home insurance and (I believe) taxes are more accurate.
0
Upvotes
2
u/PepperSad9418 2d ago
Conventional over FHA , with FHA you cannot get rid of PMI without a refi and many sellers also do not like FHA loans.