Skip to content

Locked Interest Rate on the Loan Estimate

Question: 
Can the initial disclosures with a locked interest rate on the Loan Estimate be sent to the applicant?
Answer: 

If the bank and the borrower enter into a written rate lock agreement before the lender issues the initial LE - sure.

First published on 08/01/2021

Filed under: 
Filed under lending as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics