Maronda + RMC Home Mortgage Rate Protection Program

 

 

With the current state of the housing market, there’s no doubt that plenty of factors can fluctuate from contract signing to closing. The uncertainty of build times, supply chain disruptions, and interest rate hikes has been common stressors for homebuyers across the nation.

Whether interest rates rise or fall during your new construction process, Maronda Homes and RMC Home Mortgage have you covered. With our latest financing resources, you can protect yourself from rate hikes with our Extended Rate Lock Program, or if rates drop, Maronda homeowners who use RMC as their lender can rest assured thanks to the RMC Rate Protection Program.

Maronda homeowners can now refinance their mortgage for FREE for up to two years after closing with RMC, thanks to our new Rate Protection Program. Learn more about RMC.

What does it mean to refinance your mortgage?

Refinancing your mortgage means replacing your current mortgage with a new loan. Typically homeowners refinance to receive a lower interest rate, which results in a lower monthly payment and potential long-term savings. However, the new loan may have other terms, such as moving from a 30-year term to a 15-year term or an adjustable rate to a fixed rate.

 

The biggest con associated with refinancing your mortgage is paying closing costs all over again. The RMC Rate Protection Program covers all closing costs when you refinance within the first two years of closing on your new Maronda Home.

How much money can you save per month when you refinance?

Our RMC Rate Protection Program puts your mind at ease, knowing that you no longer have to worry about interest rates fluctuating while we build your home. No matter what, RMC is fully committed to finding you the best rate at the best price.

*RMC Home Mortgage, LLC (“RMC”) NMLS ID# 2116211. Ohio Residential Mortgage Lending Act Certificate of Registration RM.804703.000. RMC Home Mortgage, LLC is a partnership with FBC Mortgage, LLC NMLS# 152859 and Maronda Homes. All products are subject to credit and property approval. Programs, rates, program terms and conditions subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. This is not a commitment to lend. NMLS Consumer Access: www.nmlsconsumeraccess.org.
*When refinancing your mortgage through RMC Home Mortgage, RMC will contribute a lender credit up to the total amount of closing costs. Credit will be applied as a lender credit at closing on refinances closed within 6-24 months after initial closing date. Credit may not exceed the actual closing costs amount. Excludes pre-paids, prorations, discount points, HOA, CDD and mortgage insurance premiums collected at closing. Offer is not transferable, not exchangeable and has no cash value. Void where prohibited. This offer must be presented at initial application to be valid. For more information on closing costs covered or the closing cost credit offer, please contact your mortgage loan originator for details. Offer valid for new contracts signed through September 30th, 2022. Borrower is not required to finance through RMC Home Mortgage, but must use RMC Home Mortgage in order to receive the closing cost incentive.

 

 

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