* Protection terms of 4, 5, 6, 7, 8, and 9 months to meet your building schedule needs. Available on Conventional, FHA and VA Loan Programs. A deposit of one percent of the loan amount is required at the time of rate lock, regardless of the protection term chosen. If you close your loan with NASB under the terms of the lock agreement, the deposit may be applied toward outstanding closing costs or refunded to you in the form of a check. The deposit is non-refundable if you do not close your loan with NASB. If interest rates decrease, you may elect one time, during the protection period, to re-lock at a lower rate. A non-refundable fee of 0.125% of the loan amount will apply when re-locking at the lower rate.