Payment Saver Program
1-800 East West Mortgage’s Payment Saver Program gives you peace of mind in an uncertain mortgage rate environment. There is no need to worry about market changes that may negatively impact your loan rate. The best part is you don’t have to worry about the timing of your decision. If rates go down you may be pleasantly surprised by what 1-800 East West can do for you.
If at anytime, after 130 days has elapsed since your loan closed, our no points, no closing costs rate is 1/2 of 1.00% below your note rate, 1-800 East West Mortgage will notify you of the potential for monthly savings if you were to refinance.
A reduction in the US Treasury or prime lending rate is not a guarantee of a change in mortgage interest rates being offered. Mortgage interest rates offered may not be impacted by a decrease in the applicable treasury yield or prime lending rate as other market factors may be influencing rates offered. Receipt of notice is not a guarantee that a new loan will be approved. All loans are subject to new application, appraisal and approval. Payment Saver Program is only applicable to conforming conventional loan products for owner occupied single family residences with loan amounts greater than $180,000.00 but less than $417,000.00. Does not apply to TAMI, LPMI or Flex 100 Programs. A minimum credit score of 680 for each borrower is required.
Payment Saver Program offer may be withdrawn at anytime.
There when you need us.
For more information, or to apply for a mortgage, call 1-800-EastWest or apply online.
|