Extended Rate Lock
Add some financial certainty to the construction process
When you hire a contractor to build your dream home, there are plenty of ways for the project to go over budget. We can bring you peace of mind by preventing unexpected increases in financing costs. Our Extended Rate Lock program allows you to lock in a long-term mortgage rate for up to nine months while you wait for work on your new place to wrap up.
- Rate lock available up to 9 months
- Available for Conventional conforming loans
- Includes a one-time rate float down option
For more details, contact our experienced Residential Construction lending team.