Mortgage interest rates can rise suddenly, which may cause potential clients to postpone buying a new home. That’s where our Extended Lock option can help protect you from buyer fallout and slow sales while providing your clients with real peace of mind.

• Extended Lock protects your clients from rising interest rates by locking in their interest rate in exchange for a 1% deposit on their home loan.
• Clients will receive a refund at closing, or may have the deposit deducted from closing costs.
• Competitive “float down” options, which allow the loan’s rate to be adjusted downward after a rate is locked, are available.
• Extended Locks from 180 to 360 days are available, giving you up to a year to construct new homes to your clients’ specifications.

Call your Pacific Financial representative for more information about our growing range of builder products and services. We’re dedicated to providing innovative financing solutions that simplify the construction home loan process.