Mountain West Financial's House Hunter Program

Mountain West Financial offers an exclusive House Hunter Lock Program, a lock–in program designed to assist you during your borrower’s home shopping process. This protects against the volatile interest rate market while your borrower shops.

 

How it works:

You will lock in an interest rate under a qualified product and loan amount for 30 days without a property. If market conditions improve and rates drop, we will lower the interest rate (before loan docs are ordered). Once a purchase offer is accepted, the rate lock will reset for another 30 days. In others words, your borrower will have up to 30 days to find a property and get an offer accepted, and then an additional 30 days to close.

 

Applicable Programs include:

- Conventional

- Full FHA 203(k) & 203 (k) Streamline

- FHA

- Jumbo

- VA

- Energy Efficient Mortgage

 

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.