Friday, June 16, 2017

Can I change my loan type after I've been preapproved?

I was preapproved for a 10year ARM mortgage, but the more I think about it and talk to family members, I regret that I didn't pick the 30 year fixed rate. Can I change that yet? I have an accepted offer on a house already, but I don't sign until late July. Will my bank let me change the loan type?

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