MLO | Mortgage & Real Estate Podcast

Wait...My Interest Rate Has Changed? The difference between Locked & Floating your interest rate.

May 24, 2021 #1 Mortgage Podcast MLO, Addy Nett | Casey Carpenter | Season 3 Episode 10
MLO | Mortgage & Real Estate Podcast
Wait...My Interest Rate Has Changed? The difference between Locked & Floating your interest rate.
Show Notes

Most people do not understand the term Locked versus Floating. In this MLO Short, Addy Nett breaks down the basics of how when your interest rate is locked and when it is floating. This basic run-down really opens the perspective of what you might think your monthly payment will be and what your actual monthly payment ends up being when you buy or refinance your home!

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✅ Guests are NMLS Licensed Mortgage Advisors:

🎙 Addison Nett NMLS 1542184

🎙 Casey Carpenter NMLS 1458123

Additional Company Notes:

© Finance of America Mortgage LLC is licensed nationwide |  | NMLS ID #1071 | This is not a commitment to Lend. All scenarios are subject to approval, loan program, and underwriting decisions. Finance of America is an Equal Opportunity Lender

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