Lock Shop & Go!

We can give you peace of mind while finding a place you really love. With our Lock, Shop, and Go program, you can secure an interest rate for longer than the standard lock period. Plus, you don't need a contract to lock terms!

Highlights

• Lock period for 90 or 120 days*
• Takes away the stress of a short-term rate lock for a better buying experience
• If rates fall, you have the option to “float down” to a lower rate up to 45 days before closing**

Eligible Programs & Terms

• Conventional, FHA, and VA fixed rates
• USDA with fixed rates
• Purchase transactions only

Other Requirements

• Borrower pays an upfront fee of 0.250 on a 90-day lock and an upfront fee of 0.375 on a 120-day lock — Refundable if they're not approved for the loan
• Loan must close and fund before the lock expires

*A property needs to be identified within 30 days of lock expiration. **Loans may float down to the current market 45-day price [plus 0.25% pricing adjustment, up to 30 days prior to closing, and the lock expiration date will change to 30 days from that day or the current date, whichever is sooner], or float down to a 60-day price [plus 0.25% pricing adjustment, up to 45 days prior to closing, and the lock expiration date will change to 45 days from that day or current date, whichever is sooner]. The float down feature must benefit the borrower in rate, points, or lender-paid credit.

Prequalify Now Get in Touch