Do you advise a lock-in on a Kalamazoo & Portage Michigan home loan?
Locking in a mortgage rate with a lender is one way to ensure that same rate still will be available when you need it.
Lock-ins make sense when borrowers expect rates to rise during the next 30 to 60 days, which is the usual length of time lock-ins are available.
A lock-in given at the time of application is useful because it may take the lender several weeks or longer to prepare a loan application (though automated loan practices are cutting this time dramatically).
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Contact Information
Joel Nelson Keller Williams Realty Kalamazoo 8075 Creekside Drive Portage, Michigan, 49024
Office: 269-492-7582 Cell: 269 760-1558 Fax: 888-234-7221
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Written by Joel Nelson
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