Do you want some interest rate certainty while you’re building a new home?
Highlands Residential Mortgage has rolled out an Extended Rate Lock Program to guarantee and protect your interest rate for up to 180 days.
Extended Interest Rate Lock Program Benefits:
- Allows you to take advantage of today’s low interest rates while your home is under construction.
- Avoid uncertainty by locking in the interest rate early in the process and allowing up to a 180 Day Lock period.
- A One-Time Float-Down option available (up to 30 days before closing) if future rates are lower than your locked rate.
- A required up-front fee of 1% of the loan amount will be collected at the time of the lock to hold your interest rate. The fee will be credited back to you at closing.
- Call me about this and sleep better at night knowing that regardless of what rates do in the future, YOU will have the best rate available.
If you are interested in learning more, find a Highlands Loan Officer today to discuss your options with!
Related Resources
Refinancing Strategy 101: Be Ready Before Rates Drop
Thinking about refinancing when rates dip? Smart thinking! But don’t wait until the last seco...
“Educ-RATE-tion”: Should You Wait for Lower Interest Rates?
Thinking about holding off on buying a home until mortgage rates drop? You’re definitely not alone...
Highlands Named a Top 50 Mortgage Company—Climbing Higher in 2024
We’re proud to announce that Highlands Residential Mortgage has once again been recognized as one ...
