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Cut Out the Banks and Save
Lock It In! LLC provides a low-cost innovative financing option without involving traditional lenders. How? The seller finances a transaction using a lease-option product saving both parties time and money. Benefits include:
- Shorter closing timeline
- Lower closing costs
- Defer capital gains, transfer, “mansion” and mortgage recording taxes
- Lower monthly payments
Lock It In! LLC provides a money-saving alternative benefiting realtors, buyers and sellers.
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WHY WE'RE PASSIONATE ABOUT
High-rate mortgage quote? How does 3% sound? Lock It In! and save
Lock It In! LLC provides the buyer and seller with a standardized contract created with Wall Street banking and legal expertise. Lock It In! LLC acts as an Administrative Agent during the 3-year lease period to ensure a smooth and hands off transaction. Participants can have confidence with Lock It In! LLC providing oversight.
OUR VISION FOR THE FUTURE OF HOMEOWNERSHIP
We envision a world where Lock It In! LLC alternative financing becomes a broadly offered compliment to traditional mortgage financing, providing consumers more choice. Around 1 in 4 outstanding mortgages have a 3% or lower interest rate but we have entered a new high-interest rate world. Mortgage originators will offer this product alongside their traditional lending adapting to the new reality.
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