Mortgage FAQ'S When should I lock or float my rate? You can lock a rate anytime after we receive and review your signed loan application, you pay your application fee and you have identified a property. The typical lock-in period is 45 days. This means that once you lock in the rate, you must close your loan within 45 days. Once you lock, you cannot un-lock. If you think rates may fall, don't lock and instead float your rate. If you are unsure or adverse to risk, it might be better to lock your rate.

1444 First Street, Suite A, Sarasota, Florida, 34236  |  Toll-Free : (800) 377-8203  |  Tel : (941) 955-7115  |  Fax : (941) 957-0020 © Kroboth & Helm Mortgage Co., Inc.   All Rights Reserved.   Site Design by Professional Web Designs Kroboth & Helm Mortgage Co., Inc. is a South Florida Correspondent Mortgage Lender serving all of Florida. Located in Sarasota, Florida, we specialize in financing Florida Real Estate by offering residential loans up to $10 million and commercial loans up to $20 million.  We have over 100 years combined experience in financing Waterfront and beachfront properties, condominiums and new home construction and offer personalized & smooth mortgage closings.