Commonwealth Mortgage: A Name You Can Trust
When you are looking to refinance or purchase a home, do yourself a favor and obtain quotes from different places. We are so confident in our affordable rates that we will pay you $500 if you find a rate and costs that are lower than what we can offer you.
How do you receive $500 from us?
There are a few things that are required from you for you to receive the $500 Guarantee:
- You must fax or email us the Loan Estimate and first page of the loan application from the lender who provided you a quote with more competitive terms. The dates on the Loan Estimate must be current.
- Due to market movement and the costs of interest rate protection, if you have already applied for a mortgage with Commonwealth Mortgage you are not eligible for the $500.00 guarantee. The guarantee also does not apply to Adjustable Rate Mortgages and Jumbo programs.
- Allow Commonwealth Mortgage 24 hours to offer you better terms than that of the competitive lender.
- Email or fax the following items:
- A formal request for the $500.00 which can be mailed to the attention of Customer Service or emailed to [email protected]; and
- Include the Closing Disclosure and Loan Estimate from the other lender after you close.
- You can send your fax to: (781) 636-0500 or email: [email protected]