Are you in the market for a home but concerned about the current interest rates? At Sirva Mortgage, we understand that life doesn't always wait for the perfect timing, and moving to a new home can't always be postponed until interest rates drop. This is why our Rate Reduction Refinance Program is a great option, ensuring that if rates decrease within three years of closing, you can easily refinance at little or no cost. *

Benefits of the Rate Reduction Refinance Program

• Cost Savings: Save on refinancing costs which can include application fees, appraisal fees, and closing costs.
• Lower Monthly Payments: Benefit from potentially lower monthly mortgage payments if the rates decrease.
• Peace of Mind: Feel secure knowing that you won’t miss out on lower rates due to market fluctuations.
• Simple Process: Our team handles the details, making it easy for you to take advantage of lower rates.
• Immediate Equity Building: Buy now and begin building equity, without waiting for potential rate drops.

How Does It Work?

• Initial Mortgage Setup: When you complete your home purchase with Sirva Mortgage, the Rate Reduction Refinance Program is available to you. +
• Monitoring Rates: Over the next three years, we will monitor interest rates on your behalf.
• Rate Drop Alert: If the interest rates drop, you have the option to refinance your mortgage to the new lower rate with minimal or no additional costs involved. *
• Refinance Process: Our experienced team will guide you through the refinance process, ensuring it is smooth and hassle-free.

Interested in learning more about our Rate Reduction Refinance Program? Contact our team at Sirva Mortgage to discuss your options.

+Note: The Rate Reduction Refinance Program is available only to homeowners who have closed a home loan with Sirva Mortgage from November 2022 onwards. This offer is for a limited time and may be discontinued at any moment.

*Rate Reduction Refinance Disclaimers:

1. The note interest rate on the refinance must be at least a one-half percent (½%) less than your current note interest rate.
2. You are required to have made at least 6 monthly payments and your current mortgage is in good standing at the time of application as well as at the time of the refinance closing.
3. You will be responsible for any additional closing costs over and above the $2,000 in credits.
4. Closing cost credit will not exceed your actual closing costs, up to $2,000.
5. The current mortgage rate must be locked by 12/31/2024.
6. Your rate reduction mortgage must be locked in within three years of your current mortgage’s closing date.
7. You must apply for and qualify for the refinance of your loan. This is not an offer of credit and is not an offer to enter into an interest rate lock-in agreement nor is this notice of loan approval. Mortgage approvals are rendered based on individual credit qualifications. You must be able to qualify for and close the rate reduction refinance to take advantage of this offer.
8. This offer cannot be used in conjunction with any other offers or credits and is subject to all applicable state laws and regulations. Programs can be cancelled or modified at any time without notice.