Your Home Mortgage ExpertSM Team will review your application and credit information in order to determine whether you can request a rate lock. Once they determine that you are eligible your Home Mortgage ExpertSM Team will contact you so that you can lock at your convenience. Please note that you must specify a property address in order to lock.
Interest rates fluctuate daily, so the rates available when you apply may be different than the rates available when you decide to lock your interest rate. By locking, you protect your selected rate for a stated period regardless of market fluctuation.