Get the free Rate Extension / Re-Lock / Cancellation Form - OCMBC

OCBC, Inc. 14351 My ford Road, Suite 200 Austin, Ca. 92780 Rate Extension / Re-Lock / Cancellation Form Fax you Request to: (714) 619-0080 or e-mail: Lock desk OCMBC.com Extension: Request must be

How to fill out rate extension re-lock cancellation

How to fill out rate extension re-lock cancellation:

1. Start by accessing the appropriate form for rate extension re-lock cancellation. This form can usually be found on the website or platform where you initially requested the rate extension.
2. Fill out your personal information accurately and completely. This may include your name, contact information, and any identifying details related to the rate extension you want to cancel.
3. Provide the relevant details of the rate extension you wish to cancel. This may include the start and end dates of the extension, any associated fees or charges, and the reason for cancellation.
4. Double-check all the information you have entered to ensure accuracy and completeness. Any errors or missing information can delay or even invalidate your request.
5. Submit the filled-out form according to the instructions provided. This may involve clicking a "submit" button on an online platform or mailing the physical form to a designated address.
6. Keep a copy of the completed form for your records. This can serve as proof of your request in case any issues or discrepancies arise.

Who needs rate extension re-lock cancellation:

1. Homeowners who have previously requested a rate extension on their mortgage or loan.
2. Individuals who have experienced changes in their financial situation or no longer require the extended rate.
3. Borrowers who have found more favorable terms or options elsewhere and want to cancel the existing rate extension.
4. Anyone who wishes to review or reassess their loan or mortgage terms and believes canceling the rate extension is a necessary step.

For pdfFiller’s FAQs

What is rate extension re-lock cancellation?

Rate extension re-lock cancellation is the process of canceling a previously agreed upon extension of a locked interest rate on a loan.

Who is required to file rate extension re-lock cancellation?

The borrower or the lender may be required to file rate extension re-lock cancellation depending on the terms of the loan agreement.

How to fill out rate extension re-lock cancellation?

Rate extension re-lock cancellation can typically be filled out by submitting a formal request or form to the lender or loan servicing company.

What is the purpose of rate extension re-lock cancellation?

The purpose of rate extension re-lock cancellation is to allow the borrower or lender to change the previously agreed upon interest rate extension on a loan.

What information must be reported on rate extension re-lock cancellation?

Rate extension re-lock cancellation may require details such as the loan account number, borrower's name, lender's information, and the reason for the cancellation.

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