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Rotate Pages Interest Rate Lock Agreement

Rotate Pages Interest Rate Lock Agreement

Aug 6th, 2022

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How to Rotate Pages Interest Rate Lock Agreement

5 out of 5

9 votes

In this tutorial, Anthony Sir Manera, a senior home loan specialist at Dai Tech, explains the significance of the interest rate lock agreement, which he considers the most crucial document in a lending package. He highlights that this agreement protects borrowers from unexpected changes in their loan offer at closing. The document details the locked-in interest rate and its duration. Anthony emphasizes the importance of returning an executed interest rate lock agreement promptly by following the lender's instructions, ensuring peace of mind for borrowers regarding their loan offer.

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