Lock Now. Shop Later.

Read Time: 1min

If you’re looking for a new home, you know it can feel like a race against the rates, trying to find your ideal place before the market moves. Again.

Not anymore.

At Wyndham Capital Mortgage, you can lock in your rate – then look for your home. A home is a big decision. You want to get the right home for you, not the best home you can find in a race against the rates. (You will be living there, after all!)

The details

A mortgage rate lock means your home loan has a set interest rate that won’t fluctuate within a pre-determined period of time. Locking in your rate lets you shop thoughtfully, not impulsively.

Here’s how our Lock and Shop program works: .

  • You secure your rate with Wyndham before you’ve made an offer or even started looking
  • WCM’s rate lock holds for 91 days – longer than the average lender
  • A purchase purchase contract is required on or before day 71
  • Rate lock fee is refundable when loan funds

Perks of locking early

Why lock and shop? Here are some of the top reasons homebuyers choose this program:

  • No-cost way to buy time. Once you secure your loan with WCM, the fee is refunded.
  • Gives you time to negotiate. If you know your rate is secure, you have time for some back-and-forth with the seller.
  • Look leisurely. If you know your rate is secure, you can extend your looking-around time.

Other perks

Our Lock and Shop program isn’t the only perk we offer. When you secure your mortgage with Wyndham, you also get:

  • $5K on-time closing guarantee
  • A one to two week faster closing time than average
  • Zero junk lender fees

Want to know more? Reach out. We’d love to hear from you.

Trey started in the mortgage industry in 2009 helping grow a regional lender with 150 employees to one of the nation’s 10 largest retail mortgage lenders. In this position Trey lead marketing technology innovation for sales enablement and the digital borrower experience for borrowers, loan officers and real estate agents. He joined Wyndham Capital in October 2019 to lead Marketing. His strategy of developing emotionally engaging content, tools and applications for loan officers, marketing automation and unique branding has delivered remarkable results. Since starting at Wyndham Capital, Trey has grown the marketing pillar into an internal agency focusing on three core marketing practices: brand marketing, digital marketing, and sales enablement. Under Trey’s guidance, Wyndham Capital works toward being known as the prototype for the future modern lender.

Related Posts