When can I request a rate re-lock for my adjustable rate mortgage?
You can relock the rate any time after the loan closes. It does not extend the term of the loan, it will re-amortize the payment based on the remaining term and the new rate.
You can relock the rate any time after the loan closes. It does not extend the term of the loan, it will re-amortize the payment based on the remaining term and the new rate.
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