Frequently Asked Questions

Are any fees collected when I lock?

Empire of America does not collect application, credit report or rate lock fees, ever. There are no fees or costs associated to rate locking, and you have the option of rate locking 7 days a week. If your transaction requires an appraisal, that will only be collected from you once you have decided to move forward with the processing of your mortgage loan and electronically signed initial disclosures. Initial disclosures include a credit card form that will be used to directly to order the appraisal from one of our approved Appraisal Management Companies.

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