Once your offer is accepted by the seller, you want to lock in your interest rate to make sure it doesn’t go up during the time it takes to process your loan. Once the rate is locked it will stay the same no matter what for a specific period of time.
Step 4Lock Your Rate
Step 4
Lock Your Rate
About the Author: Andre Nieuwendam
I am passionate about good customer service and integrity in business. I have been with Obsidian for almost 5 years and am committed to making your experience with our Lending Team a success. Please feel free to message me with any issues or just to let us know we are doing a good job!
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