Lock the rate in a couple of steps.
Pick the option, request the lock, and keep the lock date and expiration in the loan file so nothing slips.
Step 1
Pick the option
Choose Option 1, 2 or 3. The rate, points and payment carry into the loan file.
- ✓Rate and payment saved
- ✓Your fee included
DSCR Automator · Price a loan
Value$400k
Credit740
LTV75%
DSCR1.31
1
Lowest payment
7.125%$2,156per month30-yr fixed
2
Lowest cost
7.375%$2,210per month30-yr fixed
3
Most cash out
7.500%$2,243per month5/6 ARM
Choose Option 1→ text borrower the application
Step 2
Request the lock
Send the lock request to the lender. Where the lender allows it, it happens from inside DSCR Automator.
- ✓One click where supported
- ✓Lender confirmation saved
Loan file
Option7.125% · 30-yr fixed
LenderYour chosen lender
Lock requestedNov 12
Lock expiresDec 12
Request rate lockStep 3
Never miss an expiration
The lock date and expiration sit in the file, with a reminder before it runs out.
- ✓Expiration on the file
- ✓Reminder a week before
Loan file
LockedNov 12
ExpiresDec 12
ReminderDec 5
Get started
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Tell us who you are. We’ll set you up and walk you through your first loan.
