Daily Rate Assumptions
- Rate/Term Only
- Based on 30 day lock
- Full Documentation
- 740+ credit scores
- Loan-to-value 80% or less
- Debt-to-income 43% or less
- No bankruptcies, foreclosures, or judgments in the last 7 years
- 0 x 30 mortgage lates in the last 36 months
- Pricing is not guaranteed until rate lock
Important Daily Rate Disclosure
Sample rates are for informational purposes only and are not a commitment to lend. Rates, APR, fees, terms, and qualification may vary based on credit score, loan amount, property type, occupancy, down payment, lock period, and other factors.
Loans must be in “Ready for Underwriting” status by the Package Due Date in order to preserve lock terms. Package Due Dates are disclosed on your initial lock confirmation.
If a Package Due Date is missed, the loan will need to be relocked with worst case pricing.
Lock Period And Package Due Dates
- 21 days — Package due in 6 calendar days from the date the loan is locked
- 30 days — Package due in 10 calendar days from the date the loan is locked
- 45 days — Package due in 15 calendar days from the date the loan is locked
- 60 days — Package due in 30 calendar days from the date the loan is locked
How To Use These Daily Rates
These daily examples are intended to help borrowers compare common mortgage scenarios before starting a personalized pre-qualification conversation with Get Approved Mortgage, Inc. Actual pricing and qualification are determined by the full loan profile and final lock terms.