Shop around

The final interest rate was substantially greater than the estimated interest rate without any discussion that the rate was increasing. There was no negotiation in spite of my excellent credit. I was pressured to put a greater amount down in order to decease my rate. I feel that I got ripped off. Also, I provided Trust information so the warranty deed could be titled in the name of the trust, but they forgot and it took another 4 months to resolve the issue and had to get my attorney to do the name change. I should have been given options for 15, 20, 30 year terms.

Diana's Tip: Shop around for the best rate even if the builder provides incentives to use their mortgage lender.

Conventional 30 Year Fixed Florida

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