Forward Commitment

 



With a MetLife Home Loan's Forward Commitment Option you can take away your buyer's worry about increasing interest rates.

 

MetLife Home Loans will negotiate a maximum interest rate and points, and assign them to a "block" of funds. These rates and points will be available to your clients for three to 12 months. (Fee will be assessed for each interest rate option based on the negotiated term and cap above current market interest rates.)

 

Our Forward Commitment Option enables you to offer some or all of the funds to your clients as valuable financing below current rates, up to the amount originally agreed upon if market interest rates go up.

 

  • Forward commitment protects buyers who are under contract and awaiting construction to begin from interest rate increases.

     

  • MetLife Home Loans can provide financing to your clients at the current rate if interest rates drop.