Mortgage 101
January 19, 2023

Secure Your Mortgage with Lock and Shop's Interest Rate Protection!

House hunting and applying for a mortgage should be as stress free as possible. With rates rising to historic levels, Homestead Funding’s Lock & Shop program offers interest rate protection for our borrowers.

What is a Lock & Shop?

The Lock & Shop program works with our HomeXpress preapproval program, so you can lock your mortgage rate while you house hunt. This allows you peace of mind, knowing your interest rate will be protected for up to 70 days!

Features and Benefits

  • No additional upfront fees
  • Available for all occupancy types
  • Potentially protects you from higher interest rates
  • Preapproval ensures a quick and easy lending process

Find Out if Lock & Shop is Right for You

A young couple and baby smiling together on a couch in their new home, surrounded by boxes and plants.

This program is available for fixed rate FHA, VA, USDA, and conventional programs. To find out more about our Lock & Shop program, contact us. You’ll be put in touch with a knowledgeable Loan Originator who will walk you through the process with ease.

*Certain terms, conditions, and exclusions apply. Not available in MA or OR. Program guidelines and availability subject to change at any time.

Ready to get started?

Homestead Funding offers exceptional customer service and a convenient mortgage process. Whatever your financing needs, our goal is to exceed your expectations.