Mortgage offer timelines
Discussion
Evening all.
Quick mortgage question.
If I applied for a mortgage tonight online and got accepted, does the fix rate remain valid for 6 months , or, is it 6 months from formal offer stage, so actually I could bag that fix rate for like 6 months plus processing time ( say 3 weeks )?
Do you know ?
My current fix rate ends in 7 months so want to bag a new rate now but hold off completing until 7 months up.
Quick mortgage question.
If I applied for a mortgage tonight online and got accepted, does the fix rate remain valid for 6 months , or, is it 6 months from formal offer stage, so actually I could bag that fix rate for like 6 months plus processing time ( say 3 weeks )?
Do you know ?
My current fix rate ends in 7 months so want to bag a new rate now but hold off completing until 7 months up.
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