Buying a home is an exciting notion but the process can be overwhelming, especially when it comes to mortgage rates. Rates are always changing and even the slightest rise can add to your monthly cost. Locking in your rate with your lender provides you with protection against a rise in interest rates during the lock period. While a typical rate lock is 30 days, many mortgage companies may allow you to extend your rate lock for a fee. Silverton Mortgage’s relationship with builder partners across the country allows us to offer extended rate locks for Conventional, FHA, VA, and USDA* loans under conforming loan limits for eligible homes.
Are you ready to discover what a stress-free mortgage experience looks like? With Silverton Mortgage, you can experience the peace of mind that comes with locking in your rate for up to 180 days.
Get a head start on your home purchase with a financing option that works for you. Want to learn more? Visit silvertonmortgage.com.
