Category: When To Lock

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WHEN TO LOCK-IN AN INTEREST RATE – PURCHASE TRANSACTION

We often get asked when to lock-in the interest rate after you have entered into a contract to purchase a home. You typically have 30-45 days to close, so you’ll have to lock-in the rate during this time. Hopefully, during the pre-qualification process, you had discussions with your loan originator as to interest rates and...