Home Rate Float Down Policy

Rate Float Down Policy



- Fixed rates must drop by at least 25 basis points
- ARM rates must drop by at least 50 basis points
- Rate drop must occur 7 business days prior to closing
- Loans with Mortgage Insurance not eligible
- Minimum loan amount $200,000.00
- Maximum loan amount $729,000
- Loans with 2nd Liens or Subordinations not eligible
- Eligible for Single Family and Townhouses only

 





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Clients are saying ...

"It has been a pleasure to have you as our loan officer. Thank you for doing an outstanding job on our behalf." - James Gallagher

"Thanks so much for the quick response. I definitely enjoy working with you guys, will recommend Aurora to my friends." - Xinyu Liu

"Thank you Stan for making this an easy process for us & we will definitely think of you for the future!" - Mandy Ballvé Account Manager/AH&T Nonprofits

“Thank you for your attention to superior customer service. In the end, it is what makes a difference in each customer's experience. I will certainly aim anyone I know of who is thinking of refinancing at yourself (first) and Aurora Financial. It always helps boost my hope in our society when I see people who are willing to not only get the job done, but get the job done WELL!” - Clay Auch

“Everything went perfect! Thank you for all of your help!” - Joann Elkin


Aurora Financial
8150 Leesburg Pike, Ste. 410
Vienna, VA 22182
Mon-Fri: 8:30 am - 5:00 pm
Phone Hours:
Mon-Fri 8:00 am - 6:00 pm
Sat: 9:00 am - 2:00 pm


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