nafbuilder

Long Term locks

Long Term locks

Worried About Interest Rates? We’ve Got You Covered!

Don’t let your buyers hold off on purchasing their dream home because of fluctuating interest rates. With our Rate Lock with Float Down Option, your buyers can lock in today’s rate, and if rates drop during the 360-day lock period, they’ll get the lower rate—giving them peace of mind while their home is being built.

Program Benefits

  • Up to 100% Financing available
  • For primary or secondary residences
  • Minimum credit score: 620 for Conventional, 580 for FHA/VA
  • Flexible options: FHA, VA, or Conventional fixed rate loans
  • High DTI Ratios Accepted: Up to 50% for Conventional, 55% for FHA, and per AUS for VA
  • One-time Close options for streamlined financing

Eligible Property Types

  • Single-family homes
  • Condos
  • Up to 4 units
  • Modular, Prefab homes
  • Auxiliary Dwelling Units (ADUs)
  • Manufactured homes (double or multi-wide)

Let’s help your buyers take advantage of today’s opportunities without waiting for rates to drop. Contact us today to explore financing options for their new home!