Protection from rising interest rates
Are you in the process of building a new home or considering building a new home? Are you worried that interest rates could go up before your home closes? Worry no more, Skyline Home Loans offers you the ability to lock your interest rate for up to 12 months. We give you the opportunity to lock at today’s rates, build your dream home and take advantage of today's low rates without concerns over rising rates.
Here’s how it works
Skyline Home Loans will purchase a rate lock for 12 months. Upon closing your loan we will check for a rate improvment. If rates are better than when you locked, we will float your rate down free of charge.
Are you ready to move forward with a purchase or refinance? Please give us a call at 888-810-1459 and let us help you secure financing for the purchase of a new home or save you money on the refinance of your existing home. Be sure to ask your loan officer about our Closing Costs incentives and our Low Rate Guarantee!
Disclaimer: Free Float Down Guarantee Disclaimer: Borrower is eligible to receive one free rate float down under the following conditions: 1) The borrower must have a fully completed application on file and all
documents required for underwriting must be submitted to the Dallas, TX branch (“Dallas branch”) of Skyline Home Loans. 2) The borrower’s loan status must be fully approved with clearance to close.
3) The interest rate must have improved .25% from the original rate at the time of the executed lock agreement. Upon satisfaction of all conditions the Dallas branch of Skyline Home Loans will float down
the interest rate to the available market rate. The loan must close before the rate lock expiration. Float down must be received and completed a minimum of 5 business days in advance of the scheduled
closing date to allow time for modification of loan documents and approval from underwriting. Offer excludes USDA and Jumbo Loan Programs. Products and services may not be available in all states
and are not available in states in which Skyline Home Loans is not licensed. Offer available only through the Dallas branch of Skyline Home Loans. Terms are subject to change at any time. Please consult
with a Skyline Home Loans Dallas branch loan officer for additional details. Copyright © 2017 Skyline Financial Corp. dba Skyline Home Loans, Nationwide Mortgage Licensing System (NMLS) Company
ID# 12072. Arizona Mortgage Banker License #927740, Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act File No: 4130296, Georgia Residential
Mortgage Licensee, Illinois Residential Mortgage Licensee, New Hampshire - Licensed by the New Hampshire Banking Department License #19536-MB, Ohio Broker/Banker Registration
#MBMB-850231-000, Oregon Division of Financial Regulation License ML-2797, Washington Consumer Loan Company License CL-12072. Refer to www.skylinehomeloans.com to see where Skyline
Financial Corp. is a licensed lender.