In two minds about whether to lock your rate?
What if you don’t lock, then rates go up? You’ll kick yourself.
But what if you do lock and they go down? And you feel like a chump?
No one wants to be a chump.
So why not have it both ways?
If you lock, but rates go down by more than 0.25%, reach out to your Loan Guide and they’ll drop the rate you locked by 0.125%.
Even if you’re well on your way to closing, you can still drop it down right up to 10 days before your closing date.
So lock your rate in, then sink deep into your sofa, knowing you’ve got it both ways, instead of worrying about rate movements — like a chump.
*To float down the rate you've locked you first need to lock your rate with us, then rates have to be 0.25% lower than your locked rate. Then just ask your Loan Guide to drop your rate for you and they’ll drop it 0.125% below your locked rate. (only available once per loan)