How long can I lock my mortgage rate?
A rate lock period commonly runs 30 to 60 days, and longer locks of 90 days or more are available for a higher cost, useful for new construction or extended closings. The longer the lock, the higher the price.
You can sometimes extend a lock for a fee if closing slips. We match the lock length to your closing timeline so you're covered without paying for unused days.
Standard lock windows
Most rate locks run 30, 45, or 60 days, which covers a typical closing timeline. Some lenders offer longer locks of 90 days or more for new construction or extended shopping.
The longer the lock, the slightly higher the cost, since the lender carries more risk of rate changes.
Extending a lock
If your closing slips past your lock date, you can usually extend the lock for a small fee rather than losing your rate. Planning ahead avoids that cost.
We match your lock length to your realistic closing date. Apply now and we will set a lock that fits your timeline.
Verify the details for your own situation against these government and agency sources: Freddie Mac Primary Mortgage Market Survey and Federal Reserve H.15 selected rates.