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How To Make Your Interest Rate Hold For Longer

Searching for a home? That’s great! It’s a good time to buy! We know that it can be stressful, as interest rates could go up during your search. What if it didn’t have to be that way? What if you could be certain that your interest rate wouldn’t change while you searched for your next home? With Benchmark’s Lock and Shop program, you don’t have to worry about rising interest rates. Lock and Shop by Benchmark allows you to lock in your interest rate while shopping for your home!

Get More Time To Shop

75 days. The Lock and Shop program will lock your rate for 75 days, giving you more time to search for your home. Enter the market with a pre-approval and a locked rate from Benchmark to give you the confidence to succeed in a competitive market.

In a highly competitive market, making several attempts to land a deal is the challenging reality. The more prepared you are, the higher chance you have of your offer winning acceptance. Our branches provide many helpful tools to our clients, so you can be prepared when it’s time to make an offer.

Three steps for how Lock and Shop can help you succeed

Step 1: Get Pre-approved.

Step 2: Lock your rate with our Lock & Shop program.

Step 3: Identify a few different properties you are interested in, and make an offer. If your offer doesn’t win, move to the next. Do this for 75 days from date your rate was locked.

Just imagine how it could help you.

Tom’s family is moving to a new state due to his job. They are unfamiliar with the area, and have a lot to consider. Buying a home is a big decision, and they don’t want to rush the process and end up regretting their choice. Wisely, they contacted Benchmark and spoke about their concerns of rising interest rates. Understanding their challenges, their loan officer recommended the Lock and Shop program to them. Relieved to be able to lock in their interest rate, Tom and his family searched for their perfect home with confidence.

Get in touch today to learn more about the Lock and Shop program from Benchmark!

Contact your local Benchmark branch. Contact us today for personalized information. Call me yourself or request a call from me. WeI would be honored to provide you with our famous excellent service for your new loan.


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