Lock and Shop

In a competitive and always changing market like this, borrowers need the confidence to take the next step.

That’s why we are excited to introduce two new enhancements to help borrowers shop for their next home with confidence – TBD Property Locks and Extended Lock Terms. With these flexible offerings, we can help borrowers lock in rates for as long as 180 days while allowing them to shop for the house of their dreams.

Give You the Confidence to Know You Are Ready to Buy!
TBD Property Locks – (if the market improves, we have a float down policy)

Now borrowers can lock their loan while they shop for their perfect home. Lock TBD* property loans with the following criteria:

• Purchase Only
• Primary Residence Only
• Initial lock period must be ›= 60 days
• Conventional and government, conforming fixed-rate only

*TBD locked loans must be submitted with valid property address ›= 30 days prior to lock expiration.

Extended Lock Terms
(this is great for TBD Locks and New Construction)

Helping borrowers reduce the risk of rising interest rates. Lock conventional and
government, conforming fixed-rate loans with our new 120-, 150-, and 180-day lock terms.

Real Qual Purchase Loans
(we will FULLY underwrite TBD Loans)

This program is eligible for Broker/ Non-Delegated loans only with credit score 620 and above. Jumbo and USDA loans are not eligible. Manual Underwrites are not eligible.

This is a one review pre-qualification; underwriting conditions will be reviewed once the address is established.