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What is your Rate Relock Program?

Third Federal's Rate Relock program is a process where an existing Smart Rate Adjustable Mortgage customer can modify the interest rate and reduce the current term of the loan. 

Customers with good payment history can take advantage of the Rate Relock feature anytime after the loan closes and as often as they would like.

The Rate Relock program gives you control to relock your rate for five (or three) more years, anytime throughout the life of your loan!  With the Rate Relock, no mortgage application or home appraisal is required.  The Rate Relock fee is based on the state where the property is located and ranges from $295 - $595.

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