Since mortgage interest rates are constantly changing, we offer the option of "locking-in" a current Credit Union rate to protect you against an increase during the loan process.  Once your loan rate is locked, you will receive this rate and the discount points you requested, no matter which way rates move. This means that the interest rate you used to qualify for the loan today will still be the same when the loan closes.

You can lock-in an interest rate and discount points if you:

• Supply us with a purchase and sale agreement on the property you want to buy. 
• Submit a completed loan application. 
• Your loan application has received an initial loan approval.

Once these requirements are met please contact our mortgage loan department to request a rate lock.  The interest rate will be guaranteed provided you provide all documentation, information, and certifications requested.  You must satisfy all loan approval conditions in a timely manner in order to allow us adequate time to process and fund the loan within the lock period.