Introducing Lock, Shop & Home from Prosperity Home Mortgage 

Interest rates are rising, and it could create challenges for buyers looking to move into their dream homes in an already competitive market. With continued low inventory, those homes that are for sale reap a premium sales tag, and a higher interest could make or break a purchase in this environment.  

That’s where Prosperity Home Mortgage comes in to help. With Prosperity’s Lock, Shop & Home program, buyers can lock in their interest rate now—taking advantage of historically low rates while continuing their home search.  

How it works 

Through Prosperity’s Lock, Shop & Home, eligible home buyers participate in the company’s Buyer Advantage® pre-approval program1 and then get the opportunity to lock in an interest rate before finding a home.2 They complete most of the financing work ahead of time and even get a commitment letter that they can submit with any offers—helping them stand out to sellers.  

No property address is needed at the time of application and rate lock, and the program is available with most conventional and government fixed rate loan programs.3 

Learn more 

Ask your local Prosperity mortgage consultant for more information about Lock, Shop & Home, and how it could help your buyers. You can also learn more at  

1. Buyer Advantage® is not a final loan approval. A Commitment Letter is based on information and documentation provided by you and a review of your credit report. The interest rate and type of mortgage used to approve you for a specified loan amount is subject to change, which may also change the terms of approval. If the interest rate used for credit approval has changed, you may need to re-qualify. Information provided by you is subject to review and all other loan conditions must be met. After you have chosen a home and your offer has been accepted, final loan approval will be contingent upon obtaining an acceptable appraisal and title commitment. Additional documentation may be required.  

2. Interest rate lock available up to 90 days. Longer lock periods may be available. Additional fees may apply for longer lock periods.  

3. Lock, Shop & Home program is NOT available for bond, jumbo, or renovation loan programs.