Interest rate locks With James Jay. How to request Rate Lock and Disclosues
Interest rate locks With James Jay video duration 5 Minute(s) 11 Second(s), published by Houston Inside Out on 25 05 2019 - 15:03:03.
In today's episode, James will be talking about locking in your interest rate
Not as easy as it sounds but it is very important
Tune in now and get tips on how and What happens if my rate lock expires?
mortgagenerd #1vet2another PS NMLS 968090 Phil NMLS 365768 PS Financial Services has been helping people all across the United States with their What happens if my rate lock expires?. Blue Sage demo: How to request rate lock and disclosures.
In today’s episode, James will be talking about locking in your interest rate. Not as easy as it sounds but it is very important.
Tune in now and get tips on how and when to do it!
QUOTES
“Offering an actual rate lock cost the lender money when that happens. ”
“By committing funds to lend to you, the lender is unable to use it for anything else until your loan actually closes.”
“Ultimately it is the buyer’s responsibility to lock in interest rate.”
MENTIONS
www.myhoustoninsideout.com
SHOW NOTES
[0:01:15.0] What an “interest rate lock” is
[0:01:50.0] How to lock it for a longer period of time
[0:02:06.0] What happens to the fund when it’s locked in
[0:02:59.0] Things could happen to stop the process
[0:03:35.0] When should you lock in your mortgage rate?
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Other Video about Interest rate locks With James Jay:
Mortgage Minute from Joe Soto - Rate Lock Expiration
What happens if my rate lock expires?
How to request Rate Lock and Disclosues
Blue Sage demo: How to request rate lock and disclosures.Mortgage Minute from Joe Soto - Rate Lock Expiration
What happens if my rate lock expires?
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