Low-Rate Lifetime Promise

Low-Rate Lifetime Promise

When you close your loan with AdvantageFirst Lending, you receive a lifetime of rate protection.

We know the market can shift quickly, and we want to ensure you are in the best loan available, for life, after becoming an AdvantageFirst Lending customer. If rates drop at any time in the future, we will refinance your loan with no origination fees*

*A lender credit in the amount of the AdvantageFirst Lending origination fee will be applied at closing.

The below terms and conditions apply to this Promise:

1. You must notify AdvantageFirst Lending that you wish to exercise this option under the Low-Rate Lifetime Promise.
2. You must provide AdvantageFirst Lending with all information requested by AdvantageFirst Lending or its investors to determine your creditworthiness.
3. You must qualify for the new loan and meet a net tangible benefit calculation, based on FNMA/FHLMC/FHA/VA guidelines at the time you want to exercise this Low-Rate Lifetime Promise, and at the time the new loan closes.
4. You must sign and submit a new loan application and execute a new set of loan documents to use the Low-Rate Lifetime Promise.
5. You may be eligible for the Low-Rate Lifetime Promise benefits any time after the first 6 payments have been made on your current AdvantageFirst Lending loan.