How long is my loan approval and rate good for?
Loan approvals are typically good for 60 days after the date of application. Rates vary by product:
- Fixed-Rate Loans such as personal loans and auto loans rates are good for 60 days after the date of application
- Variable Rate Loans/Lines of Credit such as our home equity lines of credit, overdraft lines of credit and credit cards are subject to change at any time before or after funding.
- Mortgage Loan rates 'float' until you are ready to lock it in. At the time of lock-in, you will choose the time frame for the rate lock. The standard rate lock options are 30 days, 45 days, 60 days and 90 days depending on your loan.
Back to Knowledge Base