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Rodney Lorenzo
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78
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Why is "lock" and "conditional" used in the same sentence?

Rodney Lorenzo
Posted Oct 19 2022, 07:24

Does the word "lock" have any meaning if the rate continues to adjust during that certain period? If so, why do some lenders use the word "lock", when it should be "conditional" that they need to use? As a newbie, this is very deceiving. I thought "locked" meant locked

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