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Renaissance cares about making your home buying process as seamless as possible. We now have two preferred lenders to better service you, Wells Fargo Home Mortgage and Countrywide Home Loans.
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With interest rates near historic lows, Wells Fargo Home Mortgage can help you reach your homeownership goals. We provide a broad range of flexible programs at competitive interest rates to help you find the right home financing for your current needs.
Features Built To Simplify
- Selection – Wide range of products and programs designed exclusively for the new construction customer
- Speed – Competitive rates and fast loan approvals, including PriorityBuyer® preapproval decisions within minutes for the majority of homebuyers1
- Low Down Payment Options – Programs with low down payment options for qualified borrowers
- Advantageous – Lock programs protect against rising rates during the construction period and you may float down to a lower rate if the market improves – or switch to another eligible product at the current rate2
- Opportunity - Larger loan amounts are now available on FHA loans helping more qualified borrowers with their homeownership goals
With interest rate near historic lows, now is the time to put one of the nation’s leading retail mortgage lenders to work for you!
Sarah Frink
Home Mortgage Consultant
Learn More and Contact Us >
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Renaissance has enjoyed its relationship with Countrywide because they continuously provide Renaissance buyers with excellence in customer service, home closing cost discounts, interest rate protection during construction, and reliable, on-time closings.
- Countrywide features programs with as little as no down payment, and surprisingly low fees. They will also show you ways to avoid mortgage insurance and lower your monthly payments.
- Countrywide's Builder Rate Cap Program* provides a ceiling on an interest rate while your home is under construction. You can protect your rate and rest assured that your home buying affordability won't change, even if rates do. The program also includes a no-charge, float-down feature which enables you to take advantage of the lowest possible rate, should rates improve during the construction period.
- Although Renaissance home buyers can finance their new home through any lender, prior to starting construction Renaissance must be assured homebuyers' creditworthiness--and this requires homebuyers to contact the Lake Oswego Countrywide office to apply and qualify for an UpFront Approval** certificate at no charge within ten days of signing a purchase agreement.
Wondering what your payment will be? Try out our loan calculator >>
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1. A PriorityBuyer® preapproval is based on our preliminary review of credit information only and is not a commitment to lend. We will be able to offer a loan commitment upon verification of application information, satisfying all underwriting requirements and conditions, and providing an acceptable property, appraisal, and title report.
2. Change of loan product or program, change in loan to value ratio, float down or re-lock of rate will require underwriting approval. One-time float down option is available within 60-days of closing to any Lender program or relock your existing product at the current available price range. Re-lock is not allowed within 30 days of the original lock. If re-lock period exceeds 60 days, applicable extended lock fees will be assessed.
This information is accurate as of date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2009 Wells Fargo Bank, N.A. All rights reserved. #63463 4/09-7/09. An Equal Housing Lender.
*Time limits and other restrictions may apply. The upfront fee is credited at closing.**UpFront Approval is subject to satisfactory appraisal and title review and no change in financial condition. If the rate is not locked or rate protection expires, any rate increases may lower the loan amount for which the borrower qualifies.
Equal Housing Lender. © 2004 Countrywide Home Loans, Inc. Trade/servicemarks are the property of Countrywide Financial Corporation and/or its subsidiaries. Some products may not be available in Oregon. For Oregon properties only. This is not a commitment to lend. Restrictions apply. All rights reserved. Renaissance Homes and Countrywide Home Loans are each responsible for the products and services they offer.
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