Mortgage rates can change from the day you apply for a loan to the day you close the transaction. If interest rates rise sharply during the application process it can increase the borrower’s mortgage payment unexpectedly. Therefore, a lender can allow the borrower to "lock-in" the loan’s interest rate guaranteeing that rate for a specified time period, often 30-60 days, sometimes for a fee.
We offer the benefit of Wholesale Mortgage Rates with Exceptional Personal Service.
Company DRE# 01400067
Company NMLS# 235745
3940 Hancock Street, Suite 109
San Diego, CA 92110
Phone: (866) 310-4545
California Lending Company is a registered trademark of California Lending Company Inc.