No, you cannot lock your rate at closing. Your rate must be locked before the closing date. The rate on your Closing Disclosure is the rate you already locked.
By the time you reach closing, your rate has been locked for weeks. Review your Closing Disclosure carefully to confirm the locked rate is correct.
Timing
Patrick Kevin Fagan explains timing for homebuyers in San Antonio and the Texas Hill Country. Why rate locking at closing is not possible and what the Closing Disclosure tells you.
Cannot Lock at Closing
Patrick Kevin Fagan explains cannot lock at closing for homebuyers in San Antonio and the Texas Hill Country. Why rate locking at closing is not possible and what the Closing Disclosure tells you.
Closing Disclosure Shows Locked Rate
Patrick Kevin Fagan explains closing disclosure shows locked rate for homebuyers in San Antonio and the Texas Hill Country. Why rate locking at closing is not possible and what the Closing Disclosure tells you.
