CapWest Mortgage Corporation, a wholly owned subsidiary of Farmers Bank and Trust, N.A., has invested in technology that protects our clients from losing thousands of dollars in a volatile interest rate market.  Since you put your trust in us to get you the best possible rate, we have leveraged our technology to lock your target rate when the window of opportunity presents itself.  No one can predict where the market will go, but we can limit your risk through innovative software and superior service.

When you sign up for the Auto Rate Lock Guarantee with CapWest Mortgage, you can relax knowing that our mortgage professionals are being alerted in real time to execute your lock confirmation and will call you immediately with the great news!

• What if rates improve?
  If the market improves beyond your target rate, be certain we’ll lock the best rate available.
• What is a rate lock? 
  A rate lock is our commitment as a lender to you the borrower guaranteeing a specified interest rate for a specified period of time known as the Rate Lock Period, which is typically 30-60 days.  A rate lock prevents you from being surprised by any market fluctuation.  Your rate is actually locked when you provide us your authorization to execute the lock with our investors. 
• What is required to lock a rate?
  Once we complete and approve your application and confirm that all other terms and conditions for the approval are met, you may submit a request for a rate lock.  CapWest Mortgage Corporation collects a $475 Rate Lock Commitment deposit which is your guarantee that your rate will be available at closing subject to the terms and conditions of your loan approval.  The Rate Lock Commitment deposit is credited back to you when you close your loan with CapWest Mortgage Corporation.