The guarantee of a specific interest rate and/or points for a specific period of time. Some lenders will charge a fee for locking in an interest rate.
Disclaimer
Sierra Capital Mortgage Company is a DBA of R & L Wilcox, Inc., a California Corporation licensed under the California Bureau of Real Estate, License # 01783694, NMLS Company ID # 327610.
Linda Wilcox is licensed by the California Bureau of Real Estate, License # 01148651, NMLS Individual ID #245204.
Roland Wilcox is licensed by the California Bureau of Real Estate, License # 01348817, NMLS Individual ID #245214.
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