1The locked terms are based upon loan request details provided by the Applicant(s). RateSecure is available for conventional conforming, FHA and VA fixed-rate loans only. It is not available for non-conforming products. Once locked, Applicant(s) are protected from any subsequent changes in market interest rates. Increases in market interest rates will have no effect on your locked terms. If rates have declined, applicants may request a rate reduction within 3 days of signing a purchase agreement. The new rate will be the current market rate (par) based on the consumer’s existing credit & other underwriting criteria.
2Based on 2,615 NASB closed loan customer surveys from January 1, 2018-May 28, 2019.