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Updated almost 8 years ago, 02/03/2017
Negotiating with lenders
I have made an offer on condo and have been pre-approved by a lender. But I want to make sure I am getting the best interest rate so I reached out to 2 other lenders.
Can someone level with me and tell me how much wiggle room lenders have for negotiation? For example if they quote me 4.375% interest, can I ask for 3.99% or is that just out of the question?
What can I do to get the best rate and lowest monthly payment.
Lenders, help me out here with some inside tips.