Sometimes buying a home that fits your needs, budget, and lifestyle can be a challenge, especially in an environment with low interest rates and high demand. Luckily, we can help with that. Embrace has several exclusive mortgage loan programs that make buying a home more convenient and doable.
Approved to Move
When you find the house of your dreams, you want to be ready. With Approved to Move, you get a fully underwritten approval before you find a home. Sellers love Approved to Move because it’s virtually as good as a cash offer, which helps you stand out from other potential buyers.
Guaranteed On-Time Closing (GOTC)
Whether it’s your first home purchase or your tenth, no one wants to miss their closing. With our
Guaranteed On-Time Closing (GOTC) program, we’re so confident that we’ll meet the date, we put money on it. $2,500 to be exact.
Extended Rate Lock
Interest rates are always on the move and even a small change can have consequences. Our Extended Rate Lock program gets rid of those worries. We can lock your mortgage rate for up to 9 months, allowing you to buy or build a home with confidence.
Programs for homebuyers with limited income
Having a limited income shouldn’t stop you from getting a mortgage loan to purchase a home. That’s why we offer Fannie Mae’s HomeReady and Freddie Mac’s Home Possible. With these programs, your FICO Score can be as low as 620 and you can put down as little as 3% — and many types of down payment sources, such as gift funds, are acceptable.