Buying a Home?
We have your best interest at heart.
*One Percent Buy Down will temporarily reduce the mortgage Note Rate by 1% for the first year of the mortgage via a bank-paid credit. The bank will fund an escrow account and disperse funds to cover the difference in interest during the one-year period. **One Percent Point Reduction will permanently credit the borrower 1% of the loan amount as a discount point providing a lower rate for the life of the loan. For example, for a $100,000 mortgage the cost of the point at one percent equals $1,000. Example Loan Transaction: A 30-year fixed rate mortgage, with an APR (Annual Percentage Rate) of 6.60% (current on 2/14/23), is repaid in 360 monthly payments of $6.32 per $1,000. The exact APR and amount of the interest rate reduction will depend on the type of loan, amount of loan, and current rate. Only one Rate Rescue offer per loan. Offers valid only on: conventional financing loans; purchase mortgages; primary residences; and fixed-rate loans. Additional restrictions may apply. Rate Rescue offers subject to change or cancellation at any time. All loans subject to credit approval. NMLS# 452347