Rate Breaker helps lower monthly payment.
- Premier Mortgage Resources will pay 1% of your interest rate for the first year at no cost to you, saving you hundreds – potentially thousands!
- You get the security of a 30-year fixed-rate mortgage locked in at today's rate.
- For example, If you lock a 7% interest rate now, you'll only pay 6% for the first year. Your rate is then secured for the rest of your term, so if national rates rise, your will never go above 7%.
The Rate Breaker Temporary Buy Down helps you save on a refinance.
If rates drop within 3 years of your home purchase, you'll get exclusive savings when you refinance at that new, lower rate.