Transferring A Mortgage
I am currently in a contract to purchase a home however it looks like the seller's are going to back out. I am locked in with a rate of 4.75% which will expire Sept 15. Is there any way I coud transfer this rate to a different house. Will the bank allow this.
the lock applies to the loan not the house. provided you can close on or before the expiration of the lock date the bank will honor that rate.