Lock-in

Lock-in refers to a written agreement guaranteeing a home buyer a specific interest rate on a home loan provided that the loan is closed within a certain period of time, such as 60 or 90 days. Often the agreement also specifies the number of points to be paid at closing.

 

Related Links

SAVECANCEL Saving changes
  •   Flag content
    Close
    Report a Problem

    Please enter a valid email address.

    Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

    Close
    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    Close
    We're Sorry
    This service is temporarily unavailable. Please come back later and try again.
  • Last edited October 15 2008
Contributors to this article include:

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion
Pages That Link Here
Zillow Mobile
Download the #1 Real Estate app