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Post# of 87366
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bowlegtroy

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bowlegtroy

Re: mimurray post# 15979

Thursday, 01/17/2008 4:29:28 PM

Thursday, January 17, 2008 4:29:28 PM

Post# of 87366
All of my home loan locks were structured with these 2 clauses:

1. If Fed lowers rate, I get lower rate as well. If fed ups rate, my rate is still locked at the lock price at time of lock.

2. I can extend my lock for up to 60 days if necessary.
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