What happens to my rate if the loan does not fund within the lock period?

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Upon locking your interest rate, you will have agreed to specific tasks and due dates in order for us to approve and fund your loan within the rate lock period.
If your lock commitment expires prior to funding due to delays in our receiving the documentation and / or information necessary to approve and fund your loan, your loan will be subject to Worse Case Pricing. Worse Case Pricing is calculated by comparing pricing from the original lock date to current pricing and then selecting the higher of the two.