re: Maybe I’m wrong and that’s OK. But I need to understand the ethics behind this mortgage.

My only thing is this. You call me and walk me through the loan as a lender...it probably would be good business to tell your clients “hey, this rate is floating and not guaranteed. If you like it, lock it.”

This was never explained until I got this loan document with a small box that says it’s not locked. Well, I didn’t read the details and figured “this trusted person” would have given me the run down on how this works.

Comes to find out, they don’t tell you that upfront.

I’m chalking it up to my ignorance not knowing but I don’t have anybody in my circle that I could have went to explain these things.

I’ll take responsibility but I don’t think this is common knowledge and would build good faith to explain how this works.