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 # 350660
Individual NMLS # 350371
Company DRE # 01445163
Individual DRE # 01170811 www.nmlsconsumeraccess.org
12340 Seal Beach Blvd #B-307
Seal Beach , California 90740
Phone: (562) 900-0051
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