I heard back from my agent -- she said that she talked to the mortgage guy earlier today, and that she'll talk to him again tomorrow, and she'll let me know what the options are.

How long does it usually take for a Paypal payment to transfer to your bank account? (My dad sent me $5 as a test. It showed up on Paypal immediately, and then I clicked the thing to transfer it to my checking account. On Paypal, it says that it transferred, but it's not showing up yet on my bank account webpage.)

Several days, in my experience.

Yeah about 3 days.

Thanks. (Trying to figure out the best way for my parents to send me the money for the down payment, because it had been in one of their retirement accounts or something, and it didn't occur to them to take it out of the retirement account and have it in an account that they could send it to me from until I specifically asked them to, and so what I thought would be just them writing a check and sending it to me is taking a lot longer than that, and I need to have proof that the money is in my account for the mortgage.)

OK, I figured out that, if I use my debit card rather than transferring by using the routing numbers for the checking account, it's a lot faster. That's irritating, but at least it's a kind of irritating that I can work with.

And, just got my PayPal account suspended for suspicious activity. (I think I fixed it. Waiting for confirmation on that.)

Holy crap, Hil! It usually takes until close of business for paypal funds to show up in my account, using the debit card. Though sometimes it's the next morning. It usually takes them a little longer to sort out weird stuff.

Thanks for the eyebrow ramble, guys. I feel much less incompetent.

The mortgage guy says that I can get an adjustable rate mortgage, but not a fixed rate one, and that if some more condos in the complex sell at more reasonable prices in the next few years, then we can renegotiate the rate. I'm not totally sure what all that means, so now I'm googling stuff. (If anyone actually knows what it means, and if it's good or not, I would be very grateful if you could explain it to me.)

It means the interest rate you pay changes at some fixed interval, I believe. A fixed rate means you pay, for example, 5% over the life of the mortgage.

I would say it depends when it's adjusted and how high it can go.