{"id":9192,"date":"2018-07-31T15:08:50","date_gmt":"2018-07-31T15:08:50","guid":{"rendered":"https:\/\/chenoafund.org\/?p=9192"},"modified":"2024-06-11T17:14:23","modified_gmt":"2024-06-11T17:14:23","slug":"18-17-locked-le-after-1st-mortgage-locked","status":"publish","type":"post","link":"https:\/\/chenoafund.org\/18-17-locked-le-after-1st-mortgage-locked\/","title":{"rendered":"18-17: LOCKED LE AFTER 1ST MORTGAGE LOCKED"},"content":{"rendered":"<p>Up until Monday July 30th when new transactions were registered with CBC Mortgage Agency, the LE provided for the secondary financing was a locked LE. Since our Conventional second mortgage rate is determined by the first mortgage interest rate, our systems have been updated to prevent a locked LE from being generated on the secondary financing for Conventional registrations until AFTER the first mortgage rate has been locked. This means that when you register your Conventional transactions with CBC Mortgage Agency, you will not receive a locked LE until after the first mortgage is locked. That may require you to disclose two LEs (an initial and a locked LE) on the secondary financing behind a Conventional loan. There has been no change to the FHA registrations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Up until Monday July 30th when new transactions were registered with CBC Mortgage Agency, the LE provided for the secondary financing was a locked LE&#8230;.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[394],"class_list":{"0":"post-9192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-updates-and-announcements","7":"tag-mortgage-locked"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>18-17: LOCKED LE AFTER 1ST MORTGAGE LOCKED - CBC Mortgage Agency<\/title>\n<meta name=\"description\" content=\"Discover the details of the Chenoa Fund 18-17 locked LE after the first mortgage is locked, providing essential information.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chenoafund.org\/18-17-locked-le-after-1st-mortgage-locked\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"18-17: LOCKED LE AFTER 1ST MORTGAGE LOCKED - CBC Mortgage Agency\" \/>\n<meta property=\"og:description\" content=\"Discover the details of the Chenoa Fund 18-17 locked LE after the first mortgage is locked, providing essential information.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/chenoafund.org\/18-17-locked-le-after-1st-mortgage-locked\/\" \/>\n<meta property=\"og:site_name\" content=\"CBC Mortgage Agency\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChenoaFundOfficial\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-31T15:08:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T17:14:23+00:00\" \/>\n<meta name=\"author\" content=\"James Bethe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Chenoa_Fund\" \/>\n<meta name=\"twitter:site\" content=\"@Chenoa_Fund\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"James Bethe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/chenoafund.org\\\/18-17-locked-le-after-1st-mortgage-locked\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/chenoafund.org\\\/18-17-locked-le-after-1st-mortgage-locked\\\/\"},\"author\":{\"name\":\"James Bethe\",\"@id\":\"https:\\\/\\\/chenoafund.org\\\/#\\\/schema\\\/person\\\/299cfb8c03905ace40291040893ccc4b\"},\"headline\":\"18-17: LOCKED LE AFTER 1ST MORTGAGE LOCKED\",\"datePublished\":\"2018-07-31T15:08:50+00:00\",\"dateModified\":\"2024-06-11T17:14:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/chenoafund.org\\\/18-17-locked-le-after-1st-mortgage-locked\\\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\\\/\\\/chenoafund.org\\\/#organization\"},\"keywords\":[\"MORTGAGE LOCKED\"],\"articleSection\":[\"Updates and Announcements\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/chenoafund.org\\\/18-17-locked-le-after-1st-mortgage-locked\\\/\",\"url\":\"https:\\\/\\\/chenoafund.org\\\/18-17-locked-le-after-1st-mortgage-locked\\\/\",\"name\":\"18-17: LOCKED LE AFTER 1ST MORTGAGE LOCKED - 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