Can I Choose a Different Program or Rate After I’ve Locked?
You may but you will receive worse-case pricing of either the pricing you originally locked into or the current available pricing. In addition, an extra .125 points will be charged for changing your original terms. Therefore, please carefully consider the different programs and rates being offered before locking.
Related Questions
- If my enlistment bonus changes because I reclassified into a different rate or program, do I need to sign a new contract, enlistment guarantee, and statement of understanding?
- I’ve selected a loan program and locked my rate. What happens if I change to a new rate and point combination or change loan programs?
- Can I Choose a Different Program or Rate After I’ve Locked?
