Diversity & Flexibility of Products

Extended Rate Lock

With Homebridge’s extended rate lock program, your buyers can lock in their rate up to 360 days while their home is being built. Give your buyers the confidence to buy knowing they have locked in today’s rate and what payments to expect at closing.

Extended Rate Lock Program details:

• Ensures that the property stays within the buyer’s financial reach
• Reduces the risk of your inventory being held off market for an unqualified buyer
• Provide an attractive advertising feature to buyers
• Can lock rates for up to 360 days*
• If rates go down, borrower has free “float down” option to lower rate within two months of closing

*Eligible programs include conventional conforming and high-balance fixed rates, adjustable-rate mortgages (ARM), FHA, VA, and USDA fixed rate loans. Extended rate locks may require a rate add-on and an up-front lock-in fee. A portion of the up-front lock-in fee may be refunded at closing. The refund amount is dependent upon the rate lock commitment period and rate add-on.

Buyer Advantage Lock

Give your buyers an advantage while they select their new home. With the Homebridge Buyer Advantage Lock program, your buyers can lock in a rate up to 360 days* in advance of selecting and closing on a new home. They will have peace of mind knowing that their rate is locked in, and you’ll have homebuyers who have been pre-approved.

*Eligible programs include conventional conforming and high-balance fixed rates, adjustable-rate mortgages (ARM), FHA, VA, and USDA fixed rate loans. Extended rate locks may require a rate add-on and an up-front lock-in fee. A portion of the up-front lock-in fee may be refunded at closing. The refund amount is dependent upon the rate lock commitment period and rate add-on.

Spec Lock

With Homebridge’s Spec Lock Program, you can lock in today’s interest rate on unsold homes for up to 90 days*, and pass this interest rate on to your buyers when the property sells. This protects you from rising interest rates and allows you to advertise a special promotion or rate to sell standing inventory.

Spec Rate Lock programs:

• Allow a builder to lock in up to 3 spec loans at one time
• Locks are transferrable to any of your qualifying homes
• Can be extended under Homebridge’s standard extension rules‡

*Eligible programs include conventional conforming and high-balance fixed rates, adjustable-rate mortgages (ARM), FHA, VA, and USDA fixed rate loans.

‡Rate lock extensions may be available to the builder or customer per Homebridge’s policies and may involve rate add-ons and/or additional fees.

Temporary Buy Down

With specialty financing from Homebridge, your buyers’ monthly payments can be reduced for up to 12 to 36 months with a seller paid temporary buydown, adding a sense of certainty, security, and unexpected extra cash flow to their new home purchase.

Energy Efficient Mortgages

If you build “green” or energy efficient homes, give your buyers an advantage with Homebridge’s Energy Efficient FHA loan. An Energy Efficient Mortgage recognizes the monthly utility cost savings and allows your buyer to devote more income to the monthly mortgage payment qualification. In addition, the final loan amount can exceed the maximum FHA mortgage limit by the amount of the energy-efficient improvements as detailed in your Home Energy Rating System (HERS) report.

Engaging buyers online has never been more important than today. Homebridge offers a wide variety of content and communication tools that will engage and inform your buyers.

• Online and Mobile Access
  • Online portal for borrowers with mobile document uploads, signatures, and status reports keeping all parties up to date every step of the way.
  • Text updates for loan milestones.
• Video Communication
• Interactive Videos and Tools
  • Cobranded and interactive landing pages that help illustrate key decision factors, such as rent vs buy, cost of waiting, and cost of living.
• Infographics
  • Cobranded infographics specific to the neighborhood and property that address many buyer concerns including community demographics, schools, safety and crime, commute times, and many financial matters.
• Single Property Websites
  • Standalone cobranded website that is property specific with live IDX feed to MLS listing. Shows all property details, photos, details, sales team contact, community information, with interactive financing section. Simple to text to buyers while in sales office and capture buyer data.

Homebridge is a leader in condo financing and provides fast project approvals and the easy condo financing your buyers need. We’ve set the bar for efficient approvals and deliver industry-leading processing times. For countless builders, we’ve demonstrated the following:

• We review and approve all condo documents within 48 hours of receipt

• 0% pre-sale requirement* so you can start closing sales now! This means we can immediately get your borrowers qualified and kick start sales with a wide range of loan products at competitive rates with as little as 3% down.

• FNMA, FHLMC, FHA, and VA approvals are issued at the earliest possible stage in your development.

*Zero presale requirement for owner-occupied and second homes. Conforming fixed programs only. This loan program is not available in Florida. Please for more information.

Our team of builder-dedicated Mortgage Loan Originators are here to help you reach prospective new-construction buyers. Backed by Homebridge’s robust marketing team, they can create:

• Co-branded marketing including email and social media
• Email lead development campaigns
• Open house and financing flyers
• Product flyers
• Grand opening events
• And more!

Save time and stand out among other builders with automated campaigns that will generate interest in your new construction while leads are nurtured during the entire financing journey.

Letting homebuyers know about your business can be a challenge. Let us provide the solutions.

While many builders understand their local markets such as land and building costs, pricing, floorplans, and finishes, few actually have an understanding of how their buyers finance their purchase. With over 85% of new home buyers financing their purchase, having this information will give your sales and management team a distinct advantage.

Homebridge provides custom reports for our builders that detail buyer financing preferences at different price points, depth and density of demand, lender performance, competitor analysis, and the demographic make-up of buyers in the areas where you are building.