Highlands Residential Mortgage Resources

Protect your rate while you build with Highlands’ Extended Rate Lock Program!

By: Highlands Residential Mortgage

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!

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