With this new program, we’re helping buyers get more control of their homeownership journey and have some peace of mind knowing they can take advantage of a future interest rate decrease and refinance with lower costs.
ATLANTA (PRWEB) January 04, 2023
Silverton Mortgage, a leading direct residential mortgage lender, now offers a Rate Drop Protection Program for home buyers trying to purchase their dream home between now and March 31, 2023. Buyers that finance the purchase of their home with Silverton Mortgage can refinance within three years if interest rates drop, and Silverton Mortgage will waive the origination fee and contribute up to $500 towards appraisal fees.
“We know it’s still a tough market for buyers, with higher interest rates than we’ve seen in several years, and many areas are still struggling with low inventories,” said Dan Dadoun, President of Silverton Mortgage. “With this new program, we’re helping buyers get more control of their homeownership journey and have some peace of mind knowing they can take advantage of a future interest rate decrease and refinance with lower costs.”
If interest rates decrease and customers qualify to refinance with Silverton Mortgage, the company will waive the origination fee on the refinance loan – up to $1,295 – and contribute up to $500 toward the cost of the appraisal for the refinance loan. Applicants are responsible for appraisal costs over $500. Actual savings will vary by state and loan program.
Homebuyers interested in taking advantage of this offer should call one of Silverton’s loan originators, based around the country and licensed in 46 states, to discuss options. Find a loan originator at Homebuyers interested in taking advantage of this offer should call one of Silverton’s loan originators, based around the country and licensed in 46 states, to discuss options. Find a loan originator at https://silvertonmortgage.com/find-a-loan-originator/.
About Silverton Mortgage
Founded in 1998, Silverton Mortgage has grown from a one-man operation to an acknowledged leader within the mortgage industry. In both 2020 & 2021, more than 9 out of 10 borrowers said they would recommend Silverton to their friends and family. In addition, Silverton has repeatedly been recognized by the Atlanta Journal-Constitution as one of the top places to work.
Silverton Mortgage also supports many community organizations with team time and resources including The Silverton Foundation, which provides mortgage and rent assistance to help reduce financial and emotional burdens for families with children who have been hospitalized or receive ongoing chronic or critical care treatments.
All loans are subject to credit approval.
Silverton Mortgage is authorized to originate FHA, VA, and USDA loans, but it is not an agent of, or affiliated with the U.S. Government.
Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS #1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, Licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking, Rhode Island Licensed Lender. Licensing information: https://silvertonmortgage.com/licensing/. All information is believed accurate and is subject to change without notice. Equal Housing Opportunity. 10/22.