Changing loan terms while waiting for loan approval?First time home buyer here - If I'm in the process of getting a 30 yr loan approved, can I still have my lender run numbers for a 15 yr and change to a 15 yr if I decide it's a better fit? Also, do most lenders wait for appraisal before approving the loan? October 26 2013 - San Diego00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.