Offer requires 30 business days from Newrez’s receipt of purchase contract to closing date. Void if there are any material changes to income or assets. ****Newrez agrees to pay the borrower the amount of the earnest money deposit (up to $5,000) following the home loan closing, if the loan does not close on or before the contract closing date due to a delay caused by Newrez. Please contact NewRez for additional details. All rate lock extensions are subject to Newrez’s standard rate lock extension fees. Consumers must initiate a mortgage loan application for a specific property and be under purchase contract for the property at least 45 days prior to lock expiration to extend the locked rate. The lock will be honored for 75 days total. ***Lock & Shop Program is for borrowers with a PowerBuyer Certification**. Please contact Newrez for additional details. Not all products are available in all states or for all dollar amounts. All products are subject to credit and property approval. Actual terms, including interest rate, are subject to change without prior notice and may vary based on eligibility criteria. **A pre-approval does not signify that all underwriting requirements have been met. Any portion of the discount amount not used toward closing costs will be waived. Advertised discount can only be applied toward payment of closing costs up to a total amount of $1,000 subject to product underwriting guidelines. The offer is nontransferable and can only be used by the intended recipient. Only available for single family primary residences. *Closing cost offer available to customers who submit an application for a purchase. Military-Friendly® is a registered trademark of VIQTORY and is not affiliated with Newrez LLC. No mortgage loan applications for properties located in the state of New York will be accepted through this site. This site is not authorized by the New York State Department of Financial Services. Licensed Mortgage Banker-NYS Department of Financial Services. Loans made or arranged pursuant to a California Finance Lenders Law license. Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Doing business as Newrez Mortgage LLC in the state of Texas.
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