Extension Lock PolicyThe following new extension policy will be effective immediately:One 5 business day extension is available at a cost of .250% to price on any unexpired in-house lock that was last locked for30 days. The mortgage branch must submit a change request on TMO and indicate in the remarks to have the lock extended for five (5) business days. Extensions are not available on expired loans.A 5 business day extension will remain available at a cost of .125% to price on any unexpired in-house locks that were last locked for 45 days or greater.If you have any questions please contact the Secondary Marketing
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