interest rates: Today's Mortgage Rates in Texas - 08/20/20 01:55 PM

(0 comments)

interest rates: All About Locking in Your Interest Rate - 07/13/18 03:21 PM
 
At some point during the mortgage process, the contract interest rate (the one that ends up on the Promissory Note–the most official document stipulating the terms of repayment) must be “locked.” This means that there is an agreement between the borrower and the lender regarding what the contract rate will be. The rate-lock will also specify a date by which the mortgage must be closed and funded.
Lock Time FramesRate lock time frames can vary. Historically, the most common time frame had been 30 days. The regulatory changes of the post-meltdown era caused slightly longer turn-times for the various steps in the … (0 comments)

 
Kevin Whatley, Professional Mortgage Lender (Homespire Mortgage)

Kevin Whatley

Professional Mortgage Lender

Flower Mound, TX

More about me…

Homespire Mortgage

Address: 1011 Surrey Lane, Building 200, Suite 44, Flower Mound, Texas, 75022

Office: (817) 930-2575

Mobile: (469) 993-9395

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog