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.
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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.