Float Your Boat With EquitySmart Mortgage

If you do business with traditional lenders, you have two options when it comes to getting the best rate:

Floating your Rate- This means that you take your chances and take whatever the market rates are when your loan closes. Choosing this option can leave you drowning in higher rates.

Locking your rate- This option protects you from the market getting worse. However, if rates go down, you are left stranded with a high rate. Your choices are either closing at a higher rate, or reapplying at a different lender and starting the process all over again.

Doing business with EquitySmart Mortgage gives you a third option, so you will always get the best rate.

Lock-with-Floatdown¹- At EquitySmart Mortgage, we have the option of shopping multiple banks and lenders on your

behalf. When we initially take a credit application, we lock your rate with the best available terms. If rates go up, you are protected, and you will still get the same pricing that you were originally quoted. If rates drop prior to final submission, then we will relock your loan at the lower rate, so you can take advantage of better market conditions. No matter what rate you were initially quoted, we will always contact you prior to final submission, to let you know if a lower rate has become available.

Combined with our Fair-Pricing-Policy, this means you can rest assured that you are always getting the best combination of pricing and program available, no matter what happens to rates during the loan process.

Our Fair-Pricing-Policy- Once you have agreed to begin a loan with EquitySmart Mortgage, we lock in the price for your

loan. This means that if rates go down, we will give you the savings. If you choose a different program than the one we originally quoted, we still give you the same low pricing. At EquitySmart Mortgage, you can continue exploring different options during the loan process, without ever having to worry about renegotiating your entire loan.

Shop Smart. Shop EquitySmart.