Mortgage rates can change from the day you apply for a loan to the day you close the transaction. If interest rates rise sharply during the application process it can increase the borrower’s mortgage payment unexpectedly. Therefore, a lender can allow the borrower to "lock-in" the loan’s interest rate guaranteeing that rate for a specified time period, often 30-60 days, sometimes for a fee.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 1871425
Javier Satizabal NMLS: 2098971
7802 Kingspointe Pkwy Ste. 208-A
Orlando, FL 32819
Phone: (813) 822-6873
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