YOU CHOOSE!

WE HAVE LOAN SOLUTIONS.

Home payments are at top of mind when buying a new home. Choose one of our three seller and lender paid financial options for a custom solution when purchasing a new Fieldstone Home. Which option works best for you? Review the financial options and benefits in detail with our Community Sales Manager or Loan Office at First Colony Mortgage.

RATE BUYDOWN

Lower your monthly payment throughout the life of the loan with a buydown. This option can save hundreds of dollars monthly, so it's a great option. A permanent buy-down is the payment of points in exchange for a lower interest rate.

EXTENDED LOCK RATE

Lower your monthly payment with a lower interest rate. Lock in your interest rate now for a long term solution. We can lock in your rate up to 270 days. An option exercised by the borrower to “lock in” the rates prevailing in the market at that time. The lender and borrower are committed to those terms.

CLOSING COSTS PAID

Lower your out of pocket expenses at closing with seller paid closing costs. This option keeps money in your pocket and cuts down on cash needed to close. Costs that the borrower must pay at the time of closing, in addition to the down payment. such as origination fees, appraisal fees, underwriting fees, title fees, etc.