$1,000 Lowest Rate Guarantee!

If you close a loan with any lender for a lower combination of interest rate, fees, and monthly mortgage insurance - we’ll send you a $1,000 check.

Step 1: Provide us with a Loan Estimate so that we can compare

Step 2: If we are unable to offer a better deal, you will proceed to lock rate and share the locked LE (on the same date) for us to try and beat.

Step 3: If we are still unable to beat the offer, you proceed to close with the competitor. After closing, please send me the Final Closing Disclosure and I will pay you $1,000.

Terms and Conditions

If you close a loan with any lender for a lower combination of interest rate, fees, and monthly mortgage insurance — we’ll send you a $1,000 check.

Here are the conditions you must meet to ensure you’re getting a true apples-to-apples comparison, and everyone is playing on the same honest, transparent playing field:

Quote:

Provide us an official, detailed, written competitor’s quote. Quote detail must show: lender’s name, date of the quote, loan type, term, purchase price/property value, loan amount, interest rate, monthly mortgage insurance amount (if applicable), exact amounts for all lender fees, discount points, lender credits/rebates, and exact amounts for all third-party charges for appraisal, credit report, and title company fees. You must provide us with the quote the day they give it to you, and then obtain a written quote from us on that same day, and allow us to go over the quotes with you on the phone. Interest rate change every day, sometimes multiple times a day when the market is volatile. That is why you can’t compare a quote you got today from one lender to the quote you got on a different day from another lender. Pricing changes can be very substantial from day to day, making a quote today appear to be much better or worse than a quote from a previous day. ALWAYS compare quotes on the exact same day, or you won’t get a true and fair apples-to-apples comparison.

Rate Lock:

Inform us you’re going with the other lender and lock your rate the same day you get the written quotes from both Harbor Funding Group and your chosen lender. Within 48 hours (two business days) of locking your rate, you must email us a complete (all pages), unaltered copy of your official locked rate LE (loan estimate) provided by that lender. The locked LE must match the fees sheet or preliminary loan estimate you provided us with. It must state the lender’s name

Closing:

Within 48 (two business days) hours of closing your loan, provide us your complete (all pages), unaltered final, signed CD (closing disclosure) and the “NOTE” from your closing documents. Closing documents must exactly match the original written quote AND locked loan estimate they provided you, and that you gave to us. This will confirm they actually delivered exactly what they quoted, and it indeed was a lower combination of interest rate, fees, and monthly mortgage insurance (if applicable).

Rate Lock Pricing and Claiming Your $1,000:

If we offer you a better price after you lock in with a competitor but before you close, and you decide not to accept our superior pricing, you won't qualify for the $1,000 lowest rate guarantee. If we can’t beat your competitor’s price, and your original quote, locked loan estimate, and final closing disclosure all match with the same rate, fees, and mortgage insurance, meeting all terms and requirements, we’ll send you a $1,000 check within 30 days.

Many lenders use smoke and mirrors tactics when they can't offer the lowest rates and fees. At Harbor Funding Group, we prioritize honesty and transparency with every client. By independently shopping top lenders nationwide, leveraging our broker volume discounts, and accepting lower margins on each loan, we deliver significant savings. This is mortgage lending done right!

Restrictions

$1,000 lowest rate guarantee not offered on all loan types and is limited to fixed-rate Conventional Conforming loans (No Jumbo loans, No High Balance Loans, Seconds or HELOCs), FHA, and VA loans. Exclude offers from the builder’s preferred lender. Guarantee is only offered on identical matching loan types and products offered by Harbor Funding Group on loan amounts of $200,000 or higher. You will not be entitled to the $1,000 we guarantee if you choose to decline a superior price from Harbor Funding Group that is made to you anytime after you lock with a competitor and before you close/sign final documents with that competitor. This is for single family residential properties up to 4 units, condos, townhomes and manufactured homes. This is not for commercial properties.

Rapid Rescore

If we do a rapid rescore to increase your qualifying credit score and you choose to not work with Harbor Funding Group, you will not be eligible for the $1,000 lowest rate guarantee.