some bank has float down policy

means if the rate goes lower, you can get lower rate.

Some other banks will allow re-lock once for free or for fees.

If the rate goes lower in the future, you should be able to get the low rate from another bank, right?
So ask them whether they allow float down first.

所有跟帖： 

• 如果有便宜的，我倒是很想换银行。可是时间来不及 -尘埃里开花- ♀ (0 bytes) () 10/05/2007 postreply 12:51:51

• Some mortgage company can finish it in 1 week or 10 days. -littlelandlord- ♀ (0 bytes) () 10/05/2007 postreply 12:56:53

• 是吗？可是现在帮我们办贷款的人满NICE的，好象不太好意思 -尘埃里开花- ♀ (60 bytes) () 10/05/2007 postreply 13:02:23

• My first mortgage agent is very nice and charged me -littlelandlord- ♀ (118 bytes) () 10/05/2007 postreply 13:15:34

• 我会把你这个帖子给我老公看. -尘埃里开花- ♀ (107 bytes) () 10/05/2007 postreply 13:24:06

• My first mortgage agent is my LG's friend's girl friend, -littlelandlord- ♀ (285 bytes) () 10/05/2007 postreply 13:33:14

• 这种人就很恶心了.一锤子买卖.不过这种人好象特别多. -尘埃里开花- ♀ (0 bytes) () 10/05/2007 postreply 13:39:04

• She is a American. When we got the first mortgage, -littlelandlord- ♀ (190 bytes) () 10/05/2007 postreply 13:50:23

• 很佩服你! 我们家和你们是反着来的.所以 -尘埃里开花- ♀ (29 bytes) () 10/05/2007 postreply 13:55:45

• We lost money many times because my LG -littlelandlord- ♀ (73 bytes) () 10/05/2007 postreply 17:14:09

• You may still have time to shop around because -littlelandlord- ♀ (92 bytes) () 10/05/2007 postreply 13:07:51

• 那就看看昨晚网上那个有没有希望.谢谢你 -尘埃里开花- ♀ (0 bytes) () 10/05/2007 postreply 13:15:35

• Then try to do no cost loan and refi after the close. -CALoanAgent- ♂ (0 bytes) () 10/05/2007 postreply 12:58:32

• 这个好。谢谢你啦 -尘埃里开花- ♀ (0 bytes) () 10/05/2007 postreply 13:03:34

• The rate would be much higher with no cost loan and refi, right? -littlelandlord- ♀ (0 bytes) () 10/05/2007 postreply 13:18:49

• usually quarter higher. -CaLoanAgent- ♂ (438 bytes) () 10/05/2007 postreply 13:29:12

• 很多低利率里好象都有trick.比如,除了每月付的mortgage外, -尘埃里开花- ♀ (79 bytes) () 10/05/2007 postreply 13:36:07

• 就是fees in APR, 不知道我理解的对不对 -尘埃里开花- ♀ (0 bytes) () 10/05/2007 postreply 13:42:54

• you are right. Sometimes APR will be lower after -CaLoanAgent- ♂ (125 bytes) () 10/05/2007 postreply 14:02:00