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Information for Single-Family Lending and Real Estate Professionals
 
Program Announcement

November 18, 2016
Advance Notice of Rate Change – House Key Opportunity

Due to volatility in the market, we can no longer offer a 3.125% (government) and 3.375% (conventional) interest rate for the House Key Opportunity Program.

The new rates apply to new reservations made on the Mitas system on or after November 21, 2016 at 9:00 am PST.

Interest Rates:

3.625% - 1 point origination for FHA, VA and USDA loans
3.875% - 1 point origination for Conventional loans

Existing reservations under other Commission programs cannot be cancelled and re-reserved to receive a lower rate. House Key Opportunity funds cannot be combined with the MCC program. All other terms and conditions for House Key Opportunity still applies.

This notice only applies to the House Key Opportunity Program. The Home Advantage Program is not affected by this notice.

Please note: Program interest rates are market driven and can change at any time without advance notice. Current program rates are posted on our website.

Thank you so much for your support of our programs.

              

 
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