Time is a vital resource that each organization treasures and attempts to transform in a benefit. When selecting document management application, pay attention to a clutterless and user-friendly interface that empowers customers. DocHub gives cutting-edge features to maximize your document managing and transforms your PDF file editing into a matter of one click. Insert Sticky Notes from the Interest Rate Lock Agreement with DocHub in order to save a ton of efforts and increase your productiveness.
Make PDF file editing an simple and intuitive process that will save you a lot of valuable time. Easily adjust your documents and deliver them for signing without turning to third-party alternatives. Give attention to relevant tasks and improve your document managing with DocHub starting today.
- Im Sean Reynolds, the owner of Summit Properties Northwest and Reynolds and Kline Appraisal. And today I have with me Mr. Dan Chapman from Fairway Independent Mortgage, and were doing just a quick question-and-answer session on, we hear all the time, locking an interest rate. What does that mean? So Dan-- - Sure. - What does that mean? - When you lock your rate, youre locking in that rate for a specific period of time. And so, like I say, youre going to close your loan inside of 30 days, we would do a 30-day lock, and youre guaranteed no worse than that rate. - So youre locking in your interest rate for your mortgage? - Yep. - That youre going to be getting. - Yep, and youre guaranteed no worse than that rate. You can, actually, extend that lock, if you need to. So theres lock extensions. You can, actually, with the small possibility that your rate can improve, even though youve locked it in, but its no worse than that rate. - And so is there a cost to locking in a longe