Lock & Shop + Safe Rate Protection


Lock & Shop + Safe Rate Protection

Young woman relaxing on couch feeling relieved
Young woman relaxing on couch feeling relieved


Lock & Shop + Safe Rate Protection

Security & Peace of Mind

Looking for your dream home is an exciting time. Fluctuating interest rates can cause uncertainty while you are searching for your new home. With United Bank’s Lock & Shop + Safe Rate Protection you can be sure your interest rate is locked AND if interest rates decrease, you can negotiate a lower rate.

Lock & Shop

Instead of locking in your interest rate after you’ve chosen your home, Lock & Shop allows you to determine your interest rate first and lock it in for 70 days, then go shop for your home.1

    • Peace of Mind 
      By locking in a rate before you search for a home, you can be assured your rate won’t change.
    • Homebuyers Advantage 
      Gain the advantage in a competitive market by knowing exactly what you can afford when submitting an offer to purchase.
    • Potentially Save Money 
      Even a small interest rate increase could cause a possible budget problem, now you can be confident about what your payment will be up front.
    • Shop with Confidence
      By knowing your exact budget, you can make an offer on your dream home without worrying about fluctuating interest rates.

    Safe Rate Protection

    Safe Rate Protection is an interest rate negotiation option available on some of our mortgage programs. It protects your interest rate and provides the option to potentially lower your rate should rates drop within a specified time and for a certain percentage.

      • Feel Confident 
        After you’ve locked your interest rate, have the security of knowing that if interest rates fall, you can potentially negotiate to a lower rate during the lock period.  
      • Protection 
        Since your interest rate is locked-in your rate will not increase.
      • Skip the Fee 
        United Bank does not charge additional fees for a one-time interest rate renegotiation as most lenders do.
      • Less Stress 
        Interest rates can be unpredictable, Safe Rate Protection takes that stress off the table.

      Locate a Mortgage Loan Officer near you.

      Need help? Give us a call.

      We’ll get right back to you.

      1. Valid property address must be established within 30 days of lock date. This is not a pre-qualification. 2. Once valid property has been established, applicants may negotiate a lower interest rate one time at least 10 days prior to settlement if rates improve by at least .25%. Additional terms, limitations and conditions may apply.
      United Bank is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Reserve, Federal Reserve Consumer Help, PO Box 1200, Minneapolis, MN 55480.
      This is not a commitment to lend. Mortgage products and services are offered through United Bank. All loan applications are subject to credit and property approval and must meet loan program requirements to qualify. Annual Percentage Rate (APR), programs, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required.  Speak with a Mortgage Loan Officer for more specific information.
      United Bank and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.