Mortgage rates can change from the day you apply for a loan to the day you close the transaction. If interest rates rise sharply during the application process it can increase the borrower’s mortgage payment unexpectedly. Therefore, a lender can allow the borrower to "lock-in" the loan’s interest rate guaranteeing that rate for a specified time period, often 30-60 days, sometimes for a fee.
Here at Bighorn Mortgage Group we know that buying or financing a home is typically one of the largest financial decision that an individual makes in their life. That's why we customize every loan program for each individual and you can count on us being with you every step of the way. With top notch customer service, the best rates and lowest closing costs Bighorn Mortgage Group is your place for home loans.
Company NMLS: 1711344
Sedalia, Colorado 80135
Phone: (303) 660-0822