for Every Homebuyer
Lock & Shop Programs
Who says you can't have your cake and eat it too? Our lending partners are proud to offer lock and shop programs that will give you the ultimate peace of mind in the home shopping process: being completely shielded from rising interest rates while you search for the house of your dreams. We understand that finding the perfect home for you is no overnight journey, and we have solutions to match.
And if rates fall after locking, we'll even make adjustments to reflect that.
Watching interest rates rise while sitting helplessly on the sidelines, knowing that you can't lock your rate in without a purchase contract, is a frustrating experience for anyone. Home searches can take months. Some even take years. Finding the perfect home that checks off all the boxes may not be a quick process. Don't embark on a long journey without packing your bag; take our assurance of a low rate along with you.
Let's browse some of the highlights:
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Extremely Fast Turn Times
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Lock a Rate Up To 365 Days
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Full Protection Against Future Rate Increases
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Fully Underwritten Preapproval, Eliminate Doubt
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Option to Float Down Rate If Interest Rates Drop
As this lock and shop program is an added feature to conventional, FHA, and VA loans, please visit the info pages for these programs for more information.
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Got Docs?
Getting Prepped for Approval
Documentation requirements for Lock and Shop programs are identical to the base loan programs they are attached to. Therefore, nothing about the required documents change; the only difference is that an initial round of underwriting occurs to verify your creditworthiness and financial qualifications, so that the only variable left is the property you find.
Though these prime loan products may be demanding with documentation, your subsequent airtight approval will qualify you for competitive financing options. To see what documents you'll need for underlying programs, check out our prior to approval checklist page.