What does “date the rate, marry the house” really mean? Our team is here to provide you with the best resources to adequately guide your clients in this market. I’m sure you’ve heard the phrase “date the rate, marry the house”  many, many times.  As you know, this means buy the house you want now. If and when rates become more favorable, you can always refinance to better terms.

But here’s the kicker- how do we get people to really understand that message? Here at Fountain Mortgage, we’ve come out with a product called Rate Romance. It’s been offered for a few months now and is also available to clients who have purchased with us in the past. 

Here’s an example. Let’s say a client is unhappy with their rate. Our rate romance product allows them to refinance with us for absolutely no additional cost to them. We waive all refinance costs when they decide they are ready to refinance their mortgage. That means:

• No origination fees
• No underwriting fees
• No appraisal fees
• No credit report fees
• No settlement fees
• No title fees

We take care of all that for your buyers during their refinance so that they can buy now with confidence and know that- should rates become more favorable- we’re here for them!  We can help get them into that new rate for absolutely no charge. What better way to guide your clients and instill confidence when market conditions seem tumultuous?

Help your clients ‘marry the house’ and ‘date the rate’! We’re here to help them pay for the breakup and the hookup with a much better looking rate in the near future. Now, doesn’t that sound romantic?!

*Rate Romance disclaimers:

• Minimum of six months between purchase and refinance funding dates 
• Maximum of $3,000 in waived refinance fees, expressed as a lender credit 
• Private mortgage insurance fees/premiums and discount points not included (KS & MO properties only )