The "Lock and Shop" Strategy: Snag Your Rate Before You Find the House

In a shifting rate environment, home buyers face a classic dilemma: you find a house you love, 
but by the time your offer is accepted and you go to lock your rate, the market has moved 
against you, adding $100 a month to your payment. 

Supreme Lending solves this with their Lock & Shop program. 

● Lock Before You Find: This program allows you to lock in today’s current mortgage rate 
for up to 60 or 90 days before you even find a property address. 
● Shop with Confidence: You can tour open houses in Plymouth, Canton, or Northville 
knowing exactly what your max purchasing power is, completely protected from 
unexpected spikes in the market. 
● The Float-Down Option: If rates drop significantly while you’re shopping, the program 
often includes a one-time "float-down" option to grab the lower rate before closing.