Typically, you can lock your interest rate after submitting your application and providing a copy of your Purchase Agreement or Sales Contract. We are able to offer a wide range of lock-in periods depending on your needs.
If you do not lock your rate at application, you must lock no less than seven business days prior to closing.
Also, during this time you will have the ability to buy “Discount Point” to lower your interest rate! This will be paid at the time of closing.
To learn more about rates and discount points, stay tuned!