MetLife Home Loan's Extended Lock pricing options can help protect your buyers from interest rate changes while their new home is under construction.

• Your buyer's interest rate can lock in for 90 - 360 days. A low 1% deposit* on their home loan, locks in their interest rate with the benefit of a float down if rates fall.

 

• Buyers can choose to have the deposit applied to their closing costs or refunded when they close.

 

• Competitive "float down" options are available, at no additional cost. Your buyer's interest rate will be adjusted if rates fall. In addition, if a buyer wishes to switch from an adjustable rate loan to a fixed rate loan, no problem!

 

• Extended Locks are available for up to 360 days so buyers have peace of mind while you build their dream home.

_{* The 1% deposit is non-refundable if the loan does not close}