The Hughes Team

Colorado Springs Real Estate by Hughes


Better credit score does not guarantee cheeper loan

It was common to be able to lock the quoted price. These days with tighter underwriting requirements and increased risks to lenders of closing a loan, locks are usually delayed for some days, sometimes for weeks. This means that the lock price can differ from the price quote on which the borrower made a selection.

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http://www.realestatebyhughes.com/00BC04
Posted on August 10, 2011 18:42:13 by The Hughes Team
Posted in Buyer's Information, Mortgage Information

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