Rate Lock Policy
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| RATE LOCK HOURS |
| 30 day lock requests will be accepted from the time we post rates on our website until 4:00 PM PST/PDT Monday through Friday excluding weekends and holidays. All rates and points are subject to change without notice. |
| WHAT WE REQUIRE |
| You are eligible to request your lock when we acknowledge that we are in receipt of a complete application, a rate lock agreement signed by the borrower, and all of the initial required documents itemized in the Required Documents section of our website. 15 day locks require loan approval and all conditions satisfied. |
| LOSING YOUR LOCK/ FAILURE TO COMPLY |
BestRate4u.com reserves the right to cancel or modify the duration of a
rate lock for the following reasons:
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| CONFIRMATION OF LOCK |
| Lock requests are executed immediately upon receipt. The borrower should consider his lock confirmed only upon receipt of a letter signed by an authorized representative of BestRate4u.com. |
| VOLATILE MARKET CONDITIONS |
| BestRate4u.com reserves the right to suspend lock requests on any business day that market conditions prohibit our ability to execute a lock. |
BestRate4u.com 4 Park Plaza, Suite 100 Irvine, CA 92614 Toll Free: 800-724-0004 Fax: 714-957-9433 E-mail: info@bestrate4u.com Copyright © 2002 BestRate4u.com
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