Hard Money Global

It is also essential to ask about the broker’s policy on lock-ins. A lock-in is when your loan's interest rate and terms are set for a specific period,

It is also essential to ask about the broker’s policy on lock-ins. A lock-in is when your loan's interest rate and terms are set for a specific period, usually 30 to 60 days. Even if rates go up, you are still locked into that rate. Mortgage brokers can also help you get a loan consolidation. Loan consolidation is when you take out one large loan to pay off multiple smaller loans.