Getting a new lender before closing?

[Min Kim]

Hey everyone,

So currently we’ve been in the process with a lender who has been difficult at times. One thing that bothers me is that they won’t do a “float down” unless it’s a whole percent, but other lenders allow it one time. With the mortgage rates decreasing, is it too late to get a new lender even though we’ve pretty much turned in our paperwork and “locked” in at 4%? If we back out with them, what kind of fees could we be looking at?