House hunting? Take your rate along.
With a discounted mortgage rate plus the ability to lock that rate for 90 days, you can take your time and shop with confidence. Your rate won’t go up during the lock period, even if market rates do.
How does it work?
- Apply and get preapproved for a SELCO mortgage.
- Lock in a discounted rate for a defined period of 90 days.
- Our experienced mortgage specialists will guide you through every step of the process.
How can I save?
How much can you save with this program? Lock in your rate for 90 days and get a .25% discount from the published rate.
Conditions and requirements:
- The Lock & Shop program has a maximum 80% LTV (loan-to-value) ratio. We offer many other mortgage programs for those who need to borrow more than 80% of the home’s value.
- Loans are subject to credit approval.
- You must be a SELCO member to qualify (join SELCO today).
Resources
The 3 Signs You're Ready to Buy Your First Home
Have you been thinking about buying your first house? Buying a home can be a financially beneficial long-term decision. Here are 3 signs you're ready.
First-Time Homebuyer? Get to Know Homeowners Insurance
Once you buy your new home, it's time to get to know the ins and outs of homeowners insurance to protect your investment.
Demystifying Mortgage Terms, Part I
Understand common mortgage terms like loan-to-value (LTV) ratio, appraisal vs. inspection to feel more confident when buying a home.
Demystifying Mortgage Terms, Part II
Breaking down mortgage terminology, including PMI, escrow, conventional vs. FHA loans and other key terms homebuyers should know.