Interest Rate Advice

[Amir B.]

Hello BP Community,

I am shopping around for a duplex and wanted some input on selecting the best rate for me.

I'm going the FHA route. I have gotten an interest rate offer at 2.875% no credit back, 3.100% $2,000 back, and 3.25% with $7,500 credit back.

Of Course the lower interest rate increases my loan amount and monthly payments.

Not sure what others are doing in my situation. My goal is to have less come out of my pocket.

Thank you.