What is a rate lock or lock in?

A commitment you obtain from a lender assuring you a particular interest rate or feature for a definite time period.

Provides protection should interest rates rise between the time you apply for a loan, acquire loan approval, and, subsequently, close the loan and receive the funds you have borrowed.

Let's power your dreams

As your ally on the homebuying quest, M300 makes the process easy, clear, and enjoyable. You’re invited to apply and begin the journey with us - there are no commitments.