When buying a new construction property there is a lot to think about, from finishes to paint colors, appliance choices to flooring. The one thing you don’t want to worry about is what the interest rate will be on your loan.
Mortgage Equity Partner’s long lock program protects you from market movement for up to 270 days, that’s 9 months to get the property completed!
And you get a free one-time float down or a free 30-day extension if you find you need more time.
So, stop worrying about rates and start shopping for furniture, you can be confident when you work with a Mortgage Equity loan officer that we have your needs front and center.
** One time float down to current 60 day rate allowed at any time during the process. Must meet investor specific qualification guidelines. 30-day extension cannot be used with float down. Borrower gets one or the other.