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The lock process is the same for all loan types, but FHA, VA, and conventional rates are different. Your lock captures the rate specific to your loan type.

Each loan type has its own rate pricing. FHA and VA rates may be lower or higher than conventional depending on market conditions.

Loan Type Rates

Patrick Kevin Fagan explains loan type rates for homebuyers in San Antonio and the Texas Hill Country. How rate locking works across FHA, VA, and conventional loans.

Same Process

Patrick Kevin Fagan explains same process for homebuyers in San Antonio and the Texas Hill Country. How rate locking works across FHA, VA, and conventional loans.

Type-Specific Locking

Patrick Kevin Fagan explains type-specific locking for homebuyers in San Antonio and the Texas Hill Country. How rate locking works across FHA, VA, and conventional loans.

Patrick's Take

"Every rate lock situation is different. Call me and I will walk through your specific scenario so you understand exactly what happens with your rate."
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Patrick Kevin Fagan
Patrick Kevin Fagan

Patrick Kevin Fagan

Loan Officer and Realtor · AXEN Realty LLC

Sales Agent · 454749 · TX

Have a Question about Your Mortgage Rate?

Patrick can help you understand your options and find the right mortgage solution.

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