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Ark Mortgage Inc, NMLS# 103915

Ark Mortgage Inc, NMLS# 103915

Mortgage Advisors & Lending Services in New York & New Jersey

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  • Purchase
    • New Home Purchase
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  • Refinance
    • Lower Your Payment
    • Pay Off Your Home Faster
    • Consolidate Your Debt
    • Get Cash From Your Home
    • Refinance Investment Property
    • HARP Refinances
  • Programs
    • 90-Day Rate Lock
    • Certified Pre-Approval
    • Express Mortgage
    • Heroes Program
    • Lifetime Guarantee
    • Multiple-Property Discount
    • Investor’s Loan
  • My Loan
  • My Application

90-Day Rate Lock

Lock in your interest rate for 90-Days while it’s low

Reduce the stress of the home buying process by purchasing Rate Protection for a refundable fee. With Ark’s Rate Protection, your interest rate is locked for 90 days, so you’re protected if rates increase during that time. And if rates decrease in that time, we’ll make sure you get the lower rate.

The Rate Protection Fee:

  • Will be credited against your closing costs if the loan closes within 12 months of purchasing Ark’s Rate Protection.
  • Will be refunded if all Final Conditions have been satisfied and Ark cannot, or Ark does not, enable the loan to close.
  • Will not be refunded if the loan fails to close because one or more of the Final Conditions have not been satisfied.
  • Will not be refunded even if all of the Final Conditions have been satisfied but you choose not to close.

How much mortgage can I afford?

The first step in buying a house is determining a realistic budget. Start with this handy calculator to get an estimate of how much you can qualify for, and how a home loan will fit into your monthly payments. The calculator considers your income, purchase price, and total monthly payment. Try a couple of scenarios to see how it might affect your finances.

Home Affordability Mortgage Calculator

Loan Information

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Financial Analysis

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Sending

FAQs

Why should I lock in a rate?

Mortgage rates are notoriously unpredictable. If you’re close to buying, it’s a good idea to grab the rate when it’s low so you’ll ensure you get the best mortgage. Of course, if the rate goes down during your lock, we’ll get you the lower rate.

Will I get charged a float-down fee?

Ark Mortgage never charges a fee to get you the lower rate once you’ve purchased the rate lock.

What if my lock expires before I close?

We can usually get an extension, but there may be some cost involved. If your closing is delayed because of any problem on our end, we’ll of course cover the cost of your extension.

Pair with Other Programs

Certified Pre-Approval

A pre-approval makes the house hunting process simpler for you. Show sellers and real estate agents you’re approved for mortgage financing. That way, it doesn’t matter if another bid is higher; yours will be legitimate.

Express Mortgage

The promise to close within the month may make all the difference in a seller’s decision. We can help you close on a home in 21 days – that’s 26 days faster than the industry average.

Heroes Program

If you’re a first responder or health care worker, thank you. To show our gratitude we give a substantial discount on our fees whether you purchase or refinance a home loan.

Explore more

About Us FAQ Call (833) 215-8500 Apply Now

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Ark Mortgage, Inc. NMLS ID #103915

400 Rella Blvd Montebello, NY 10901
Serving New York, New Jersey, Connecticut, Pennsylvania, Florida, & Arizona
View our NMLS licenses here.

Equal Housing Lender

Copyright © 2023 · Ark Mortgage, All Rights Reserved.

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