Seller PreLock Program

In today’s real estate market, rising interest rates can make it harder for buyers to qualify and harder for sellers to close quickly. That’s where Seller PreLock comes in.

This unique program allows Preferred Rate to forward lock a discounted rate for a future buyer, creating confidence, increasing buyer interest, and helping your home stand out from the rest.

Product highlights

Available for primary residence purchases
Eligible for Conventional, FHA, VA loans
Up to 100% LTV available on select programs
Seller’s PreLock fee of $995 is refunded to seller if they use APM to finance next purchase
Seller pays a non-refundable PreLock fee for APM to secure a forward lock with a discounted starting rate for a future buyer
Buyer chooses which program to apply the discount to (FHA, VA, Conventional)
Buyer applies with Preferred Rate and leverages the forward locked rate
Home sells faster with fewer financing surprises
Within 6 months, seller uses Preferred Rate to finance next purchase & receives credit for PreLock fee in escrow

Borrower advantages

Attract more buyers
Avoid lowering list price – use the funds to lock in a rate discount for the buyer
Seller decides how much to contribute (up to 3% of sales price)
Keep more of the value in your own pocket

Realtor advantages

Stand out in listing appointments by offering a unique solution
Create urgency and buyer confidence in a high-rate market
Attract more serious offers by reducing buyer uncertainty
Shorten days on market with an easier path to qualification

What Clients Say About Us

“Daniel was great! Very efficient and very friendly. He always got back to us in a timely manner and always called us to explain things rather than just texting. Very personable guy! Very quick as well! We closed 2 weeks sooner than expected. I cannot say enough nice things about preferred rate, I definitely recommend them to everyone!”

Megan H

“I cannot put into words how amazing Dan and his team were during this whole process. They consistently went above and beyond to ensure I was fully taken care of. Not working with a realtor was a bad call on my part, but Dan was there every step; and a few bumps, offering unbiased advice and making sure I was taken care of. This momma and her girl tribe finally have a place of their own to call home; I am so thankful for Dan and his team!”

Savannah C

“This is my second home purchase using Dan. He is great to work with, he explains everything and is always there to answer any questions.

Update: When rates dropped early October 2025, Dan reached out to let me know and we knocked the refinance quickly. Dan is also always quick to answer questions no matter time or day of the week. No one else I’d rather do business with.”

Nate W

“We don’t have enough good things to say about Bihn Group! We tried to buy a house years ago and were consistently disappointed, houses sold out from under us, etc. so we gave up! We reached out to Dan this time around and he was so efficient and kind about everything! He answered all of our questions with honesty and we were so lucky to find our dream house as quickly as we did. Our son hasn’t stopped running around in our yard since we moved in! Thank you, Dan and Bihn Group for helping us achieve this goal in life!”

Taylor S

“Thank you for making a dream a reality. For years my husband, kids and I would talk about the perfect house we would have one day. It’s easy to find a house but difficult to get the keys and even more difficult to tell your kids this one didn’t work out. Dan, thank you for directing and clearing the path to our new home. We are extremely grateful!”

The McCulley’s