Prior to processing your rate lock request, we must review your income, asset. and credit documentation. We will process your rate lock when it has been determined that there is high likelihood that your loan will be approved based on the information and documentation that you have provided us.
If you are receiving a Credit Towards Closing Costs please be advised that it cannot exceed the allowable closing costs associated with the loan. In no instance will you receive cash or have the credit applied to any other charges disclosed that are not identified as allowable closing costs.
Disclaimer: Posted rates are the current average rates for the State of Colorado. Rates and APR's offered to you can vary depending on your particular loan details but not limited to; Points, Loan to Value, Debt to Income, Property Type, Loan Purpose, Occupancy, and Loan Amount. Until you lock your rate, APR and terms are subject to change or may not be available at commitment or closing. ARM rates are subject to increase during the loan term. This is not an advertisement for credit as defined by paragraph 226.24 of regulation Z.