Comments (4)

Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production
This is great...b/c a lot of people say that they've locked someone in, but in reality they're floating and violating the agreement with their client.  Nice post.
Jan 24, 2008 01:08 AM
Ricardo Bueno
Diverse Solutions - Los Angeles, CA
Larry: I posted that exact comment in the Red Flags section of the post. Leave it to unscrupulous lenders to do that to ya. I'd opt for a written rather than verbal rate-lock. 
Jan 24, 2008 01:28 AM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life

Ricardo - A lot of lenders include the lock-in agreement in the closing package.  It's much more than a 'sales pitch' is a reality.  I'll call you soon my friend.

Jan 24, 2008 01:33 AM
Robert Monk
100% Realty, Inc. - Santa Rosa Beach, FL
Florida Real Estate
Ricardo, thank you for your call and your valuable information...  It is clear to me why you are successful in you business.  You are doing a great job.  You won my confidence.  If and when I need a loan or to refinance, I'll talk to you!!
Jan 24, 2008 08:10 AM