Purchase Details
Loan Details
Rate Relief Options
BUYER'S AGENTS
Winning Offers with Rate Relief
Help your buyers win in competitive markets and qualify for higher purchase prices with Ethos Lending's Rate Relief program. Here's your complete playbook:
Why This Works for Your Buyers:
- • Create more purchasing power with reduced initial payments
- • Starting rate as low as X.XX% in year one
- • No-cost refinance option available anytime in first 3 years
- • Preserve cash for moving, renovations, or emergencies
This credit must be written into the purchase contract in order for your buyer to benefit from the lower monthly payments in the early years of the loan.
Credit Amounts to Request:
- 3 Year Rate Relief: $28,988.81 (3.62% of purchase price)
- 2 Year Rate Relief: $14,743.76 (1.84% of purchase price)
- 1 Year Rate Relief: $4,993.94 (0.62% of purchase price)
Sample Offer Language:
"Seller to credit Buyer $[INSERT AMOUNT] toward allowable closing costs, including a temporary interest rate buydown through ETHOS Lending's Rate Relief Program."
Buyer Presentation Script:
"Instead of making a discounted offer, we can offer at full price and request a credit towards Rate Relief - that elevates our offer, and saves you money!"
Ready to help your buyer win? Let's structure the perfect rate relief offer together!
SELLER'S AGENTS
MLS Marketing Language:
Financing options, including temporary rate buydown programs, may be available for qualified buyers. Contact Ethos Lending, Inc., NMLS #1533336, for details. Loans made or arranged pursuant to a California Financing Law license, #60DBO-197352. All loans subject to credit and property approval. Not all applicants will qualify. Equal Housing Opportunity.