With New American Funding’s 5 Year Protection Plan, you can buy your dream home today, and if rates drop within five years, you can refinance without paying extra fees. (New American Funding)
For many hopeful homeowners, the “right time to buy” remains elusive. You may be ready to buy a house and may have even found the home of your dreams — but the market is telling you to wait.
With New American Funding’s 5 Year Protection Pledge, you no longer have to put that dream on hold. You can simply finance or refinance your home through New American Funding before March 31, 2023 to lock in today’s rate. And, if interest rates drop any time within 5 years following your rate lock, you can refinance your loan at the lower rate with no additional lender or appraisal fees.
Volatility In Mortgage Interest Rates
Mortgage rates fluctuate with the state of the world. International conflict, supply-and-demand issues lingering from COVID-19 and The Federal Reserve raising rates in 2022 all contributed to inflation.
Given these fluctuation factors, securing a mortgage rate in 2023 can feel like a time trial. Thankfully, with inflation showing the potential to level off soon, the mortgage interest rate forecast is for rates to decline.
What does the current mortgage rate outlook mean for current buyers? In short: refinancing may be beneficial sooner rather than later. For buyers who purchased a home with the record-high mortgage interest rates of mid-2022, refinancing can save hundreds of dollars a month — and thousands of dollars in interest over the term of the loan.
Secure You Rate With New American Funding’s 5 Year Rate Protection Pledge
Though rates are predicted to continue to drop, you can never be certain what the market will do. Luckily, with New American Funding’s 5 Year Rate Protection Pledge, you can secure a competitive rate regardless of the market’s volatility. The pledge will refinance you into a lower rate and remove repeat fees if mortgage interest rates drop at any time in the next five years.
The 5 Year Rate Protection Pledge gives buyers the confidence to purchase their dream home and enables them to reclaim control of their homeownership journey.
How The 5 Year Rate Protection Pledge Works
Getting into your dream home has never been easier than it is with New American Funding’s 5 Year Rate Protection Pledge, removing repeat fees if rates drop in the next five years.
Here’s how it works:
Find your dream home. Put your favorite home-hunting website to the test and scroll through your liked homes to find your perfect fit. Maybe the new home has more room for your growing family or the luxury amenities you’ve always wanted. The protection pledge also works for refinances too if you’re already in your dream home.
Finance your loan with New American Funding. New American Funding’s extensive loan options include fixed-rate mortgages, jumbo loans, reverse mortgages, conventional loans, buydown loans and adjustable-rate mortgages, among many others. In addition, NAF Cash*, an affiliated company of New American Funding, enables home buyers to pay with cash and reap the benefits of being a cash buyer — like becoming a competitive applicant, closing quickly and avoiding storage rentals.
Lock in your home purchase/refinance. As long as you lock in your home purchase or refinance by Mar. 31, 2023, you’ll be eligible for the protection pledge.
If rates drop, refinance with New American Funding. If rates drop after you buy your new home, simply contact New American Funding about refinancing. The company will work on getting you a lower rate until Mar. 31, 2028. The pledge will refinance you into a lower rate and remove repeat fees if mortgage interest rates drop at any time in the next five years.
New American Funding Is Here To Help You Get Your Dream Home Today
New American Funding’s many loan and mortgage options make getting into your dream home a reality without worrying about the market. Not to mention, the team of knowledgeable and helpful agents supports customers every step of the way.
Buying or refinancing a house is a significant financial decision that is made easier with a helpful partner. When working with a mortgage lender or refinancer, it’s all the more important to choose an institution that prioritizes the customer experience, provides excellent customer service, and has your best interest at heart.
In 2022, New American Funding was recognized as #1 in customer satisfaction among mortgage servicers by the J.D. Power 2022 U.S. Mortgage Servicer Satisfaction Study. The company was able to achieve this prestigious recognition through its dedication to helping every client from every background achieve homeownership.
New American Funding’s agents are ready to help you purchase or refinance the home of your dreams. Are you ready to start the process of securing the best rates with New American Funding’s 5 Year Protection Pledge? Request a quote or contact a loan officer to lock in your price before Mar. 31, 2023.
*NAF Cash is fulfilled by NAF Cash LLC, an affiliated real estate company of New American Funding that is managed and operated in compliance with applicable legal and regulatory requirements. NAF Cash LLC does not originate loans or issue loan commitments. Terms and Conditions apply. Not available in all states. MI Real Estate Broker #6502431375. 41050 W 11 Mile Rd, Suite 220, Novi, MI, 48375. Phone 844-344-0531
![Surgeon Removes Man’s Liver By Mistake [Weird News & Oddities]](https://patch.com/img/cdn20/ap/790386/20240906/045615/styles/patch_image/public/ap24225645302317___06165011160.jpg)