30 Year Fixed Rate Pricing Incentive
Do you have a client using a conventional loan for their purchase? If they meet the following parameters, it would be a smart move to have them shop us for a rate. We're running an incentive on all loans locked after 11/10 that meet the following:
- Conventional 30 year fixed rate product only
- Single family home (PUDs OK)
- Purchase or Rate/term refinance only
- LTV less than or equal to 80 (20%+ down payment on purchases)
- FICO 700+
From what I'm seeing pricing out loans, this incentive is knocking off about .125 to .25 from our already low rates or adding 1/2 point to lender credits. On a $200,000 loan this is $1,000 back to your clients!
I'm personally licensed in CA, DE, PA, NJ, and you can find a complete list of states Total Mortgage is licensed in here
If you've considered working with Total Mortgage and giving us a chance to help your clients, between our 30 day closing guarantee, and now this pricing incentive - this is the time to give me a call. Our rates and service are great on all of our products, but for buyers looking to put 20% or more down, this is a tremendous opportunity to save a lot of money.