RedDoor guarantees interest rates on every pre-approval letter for 14 days so home buyers can confidently complete a purchase contract.
On April 2, 2020 we temporarily paused this guarantee due to COVID-19 (coronavirus) causing uncertainty in the marketplace and fluctuations in the daily interest rate.
However, the Home App continues to update interest rates in real-time. If you are in the home buying process you can easily check the current rate and reissue a pre-approval letter daily.
Your dedicated, local loan officers are also poised to immediately lock your rate as soon as you have executed a purchase contract and disclosures.