Long before settlers arrived from the east, Mt. St. Helens was a sacred place to the local Indian tribes. They had been witnesses to its long history of eruptive behavior and ancient legends caused them to give the mountain a wide berth.ong before settlers arrived from the east, Mt. St. Helens was a sacred place to the local Indian tribes. They had been witnesses to its long history of eruptive behavior and ancient legends caused them to give the mountain a wide berth.
Lenders wonât lock in your VA rate without your permission. The most common lock period is for 30 days and coincides with most sales contract periods. If you want to lock your rate for say 45 days, your VA lender might ask for a quarter of a point or more. On a $200,000 loan, one-quarter point equals $500. If you need to lock in for 60 days, you might expect to pay one-half point and so on. The most common lock period for VA loans is 90 days and you can expect to pay a full point to guarantee your rate for three months.
You must request that either a broker or Lender lock a rate for you. When a rate is locked, the clock begins running. Which means that you must be able to close the loan prior to your lock period expiring. Therefore you would not want to lock until you can see a clear timeline for closing your purchase. when you do lock you will want to lock with some extra time, say 10 days more than you expect you'll need.