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all right matt the mortgage guy here want to record a quick video to give you some advice on when to lock on a new build purchase new builds all the rage 2020 2021 im sure as well are filled with a ton of competition for very little inventory in the resale market so some people are opting to just go sign up and buy a new build but that new build is five months six months seven months out and you wanna know when should you lock your loan ill get into that as soon as you gently press that like button for the youtube algorithm i really appreciate it im not even going to beg and plead and waste your time i just want to get straight into this video so i can give you some good advice so without further ado couple pieces of advice when youre buying a new build one theyre almost always going to require you to get pre-approved with the builders lender thats not a bad thing they want to be sure that youre locking up a spot on a really in-demand product their house they want to make sure