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      910 East 6600 South
      Salt Lake City, UT 84121

      888-643-2133

      NMLS #190465

    • Loan Servicing Office

      5600 Wyoming Boulevard NE, Suite 20
      Albuquerque, NM 87109

      800-658-9371

      NMLS #1199978

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A Builder Forward Commitment through Intercap Lending allows builders to secure ablock of below-market interest rates ahead of time; offering future buyers more attractive financing options when homes are ready to close. These rates can make your homes more affordable and more competitive in any market.

Check out the current rates below and see how much value a forward commitment can provide your clients.

Interest Rate Savings With Same Purchase Price

When you offer lower interest rates through Intercap’s forward commitment program, more buyers can step into homeownership.

Reduced monthly payments make your homes more attainable, especially for buyers who may be priced out by today’s standard market rates.

With Intercap, you’re not just offering homes—you’re opening doors for more qualified buyers. In this scenario, buyers will save $552.19 per month! That’s a savings of $45,354 over 5 years!

Interest Rate Savings With Higher Purchase Price

With a lower interest rate from Intercap Lending, your buyers can stretch their dollars further, qualifying for higher-priced homes with a similar monthly payment

That means you can sell more premium inventory while still keeping payments within reach. It’s a win-win: you move higher-priced homes, and buyers get more of what they want without breaking their budget.

In this scenario, for just $18 more per month, buyers could afford up to $100,000 more in home value!

WHAT TO WATCH FOR  AND HOW TO STAY AHEAD

  • LOAN VOLUME & COMMITMENT

    Builders are typically required to commit to a certain number of loans within a set timeframe.

    WORKAROUND

    Novi offers flexible structures to help match your pace. We’ll collaborate with you to tailor the commitment so it fits your sales cycle—not the other way around.

  • MARKET SHIFTS AFTER LOCK-IN

    If interest rates drop after your rate is locked, buyers may see better deals elsewhere.

    WORKAROUND

    Many Novi commitments include rate float-down options, giving your buyers peace of mind even if the market moves in their favor.

LOAN VOLUME & COMMITMENT

Builders are typically required to commit to a certain number of loans within a set timeframe.

WORKAROUND

Intercap offers flexible structures to help match your pace. We’ll collaborate with you to tailor the commitment so it fits your sales cycle—not the other way around.

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All loans are subject to credit and underwriting approval. Not all applicants will qualify. We may share customer information with our trusted business partners to assist you with your loan or other mortgage needs. Customers with questions regarding our loan officers and their licensing may visit the Nationwide Mortgage Licensing System & Directory (NMLS) for more information. https://nmlsconsumeraccess.org/

Agency Approvals: FNMA – #171430002 / FHLMC – #124731 / FHA – #3213309992 / GNMA #2454 / VA 955023-00-00

© 2024 All rights reserved. Intercap Lending Inc.
910 East 6600 South, Salt Lake City, UT 84121 | NMLS# 190465
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Buy Down Calculator
This calculator is being provided for educational purposes only. The results are estimates that are based on information you provide and may not reflect available product terms from Intercap Lending Inc. Actual available rates and monthly payment amounts are subject to market fluctuations and will depend on a number of factors, including geography and loan characteristics. The information provided cannot be used to determine eligibility for a specific product or service and is not a commitment to lend.
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