Secure Refi Credit Program
Buy Now and Refinance Later!
If rates drop, borrowers can then refinance to a lower rate and save on closing costs with a $1,025 lender credit.
- Allows eligible borrowers to purchase a home at existing interest rates
- Close the purchase loan with your Centennial Bank Mortgage Loan Originator from 7/1/2024 through 12/31/2024.
- If rates go down, make a new application with Centennial Bank so you can lock in a lower rate and close on your refinance by 12/31/2025 to get a $1,025 Lender Credit.
Disclosures
Eligible loans must be refinanced as a Conventional, FHA, VA, or RD/USDA, for an owner occupied residence. Subject property address on the purchase application must match the subject property address on the refinance application. Cannot be combined with any other Centennial Bank incentive program. Lender credit to be applied by Secondary Market upon Processing and Underwriting receipt and review of eligibility. Eligibility will be verified and completed within 30 days of underwriting approval. Original loan being refinanced must make a minimum of six payments before it is eligible. All loans must meet Centennial Bank and/or Secondary Market lending guidelines and additional restrictions may apply. All loans subject to credit and property approval.
(888) 372-9788