| Term | Definition |
|---|---|
| Lock-in |
A written agreement in which the lender guarantees a specified interest rate if a mortgage goes to closing within a set period of time. The lock-in also usually specifies the number of points to be paid at closing. |

First Home in Rio Rancho
"Purchasing our first home was a daunting proposition to say the least. The team at the Maez Group made it all work, going beyond all expectations."
~ K. Altherr Rio Rancho, New Mexico
