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LOCKED IN RATE

LOCKED IN PAYMENT

We’re committed to keeping housing in Utah as affordable as possible! We’ve always guaranteed home prices—even with rising construction cost and supply chain concerns. 

Now, EDGEhomes buyers can lock in their interest rate with our preferred lender, First Colony Mortgage. As soon as we start digging your new home, you’ll have the option to lock your interest rate and avoid potential increases between the time of dig and closing!

WHEN CAN I LOCK MY RATE?

The second we break ground on your EDGEhome.

First Colony Mortgage also has other extended lock programs that could work for you at 60, 90, and even 180 days.

WHAT IF RATES GO DOWN AFTER I LOCK?

If interest rates drop after you lock your rate, you have a one-time option to float down to the lower rate without a rate add-on or additional fees.

WHAT IF MY CLOSING DATE MOVES DUE TO THE CONSTRUCTION SCHEDULE?

Extensions due to our construction schedule are GUARANTEED at no cost to you!

ARE THE PREFERRED LENDER INCENTIVES STILL AVAILABLE?

Yes! There are a ton of reasons to go with First Colony Mortgage, the guaranteed lock program being one of them, but all lender incentives are still available to you if you use the extended or guaranteed lock program. 

Offered to EDGEhome buyers from First Colony Mortgage.

ADDITIONAL INFORMATION

Long term lock is based on current 60-day rate plus add on. All fees & deposits must be paid by buyer by check within 10 days of locking rate. These fees & deposits noted above are calculated based on loan amount. Buyer is responsible for extensions past contractual settlement deadline. Preferred lender incentives are unchanged and still available to buyers utilizing the extended & guaranteed rate lock program

FEEL CONFIDENT IN YOUR PAYMENT!

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