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Answers (8)
- shapiroamg
- Contributions:3058
is it a key or combination lock?
- Scot King, "CAMtgBrokerCPA"
- Contributions:30
That's funny..unfortunately, you're stuck. If the market has moved, ask your broker to submit you to another investor, if he has not already submitted your file...
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
Gloria,
Why do you want to "unlock" your rate?
Happy funding, Rudi
Why do you want to "unlock" your rate?
Happy funding, Rudi
- Pasadenan
- Contributions:21453
For erasing permanent markets on hard surfaces, the solvent in the permanent markets tend to work quite well; just remark and wipe immediately. (It doesn't work for cloth though).
The last time I checked, one of the "few" ways to unlock a loan was to abandon your loan officer to not take the loan, and to start all over again with a different loan officer. (Until you have signed the "closing papers", you don't have a loan.) But then you are still likely out some fees, and the additional delays of starting over may cause problems with established closing dates.
And if you do that too much, no one will want to assist you with much of anything.
The whole point of a "lock" is you decided the rate was "good for you" regardless if rates would be going up or down, so reneging on that "commitment" is not very polite.
The last time I checked, one of the "few" ways to unlock a loan was to abandon your loan officer to not take the loan, and to start all over again with a different loan officer. (Until you have signed the "closing papers", you don't have a loan.) But then you are still likely out some fees, and the additional delays of starting over may cause problems with established closing dates.
And if you do that too much, no one will want to assist you with much of anything.
The whole point of a "lock" is you decided the rate was "good for you" regardless if rates would be going up or down, so reneging on that "commitment" is not very polite.
I'm actually shocked that no one has answered:
"Contact a REALTOR"
"Contact a REALTOR"
- Justin Sheftell, "Courtesy Mortgage"
- Contributions:3423
You need a key. Usually has 6 digits.
"HOW TO UNLOCK A RATE"
The same way you erase a permanent marker.
The same way you erase a permanent marker.
- Pat Pribisko, "Pat Pribisko"
- Contributions:1426
Contact your loan officer with whom you locked a rate.
HOW TO UNLOCK A RATE
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