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Treat convenience and representation as separate questions. Ask the agent to put in writing whom they owe duties to, what advice they cannot give either side, and what information stays confidential. Have a New York property attorney explain the disclosure before you consent; this is not a...

One more caveat: with a 30-year fixed rate, “rate-reset risk” should not be treated like it would be for an adjustable loan. The uncertainty is more about whether you later choose or need to refinance, and what terms are available then. I’d ask for the fee-inclusive cost at several dates and...

The word “portability” needs clarification from the lender. Do they mean the existing loan can actually move to another property, that a buyer can take it over, or merely that you can apply again with the same lender? Those are very different outcomes. I would not assign it any value until the...