What happens if my Sandy Springs buyer's mortgage rate lock expires before we close?

A rate lock expiring before closing forces a Sandy Springs buyer's lender to either extend the lock, often at an added cost the lender sets, or reprice the loan at whatever rate is current that day. Tracking the lock expiration date against the actual closing date early in the transaction prevents that scramble, especially when title work or a repair negotiation pushes closing back. Joel Boss monitors lock deadlines against the closing timeline on every Sandy Springs contract he manages.