Lock Risk Desk

This does not predict rates. It prices what being wrong costs this borrower, in both directions, so the float decision is a tradeoff conversation instead of a guess. Internal prep tool.

Borrower Scenario

Loan amount

Quoted rate %

Term (years)

Days to close

Lock days available

Gross monthly income Other monthly debts (no housing) Taxes, insurance, HOA, MI per month Max DTI allowed % Extension cost per 15 days (% of loan)

Exposure If Rates Move

Scenario	Rate	P&I	Change/mo	DTI	Status

The Read

Rate moves shown are illustrative brackets, not forecasts. Quarter-point swings inside a 30-day window are ordinary market behavior in both directions.