Only at New Way Mortgage

When you buy a home and choose New Way Mortgage for your loan, we will drop your interest rate by 1% for the first 12 months.

As an example, a homebuyer with a $400,000, 30-year fixed mortgage with 7.75% interest would traditionally pay $2,865.65 in principal and interest. With New Way Mortgage’s Rate Drop lowering the client’s payment by one percentage point for the first year, their payment would drop $271.26 to $2,594.39. The homeowner in this illustration would save a total of $3,255.12 in the first year of their loan.

Purchase Loans Only. Not eligible for Refinances. Available for all Conventional, FHA, VA, USDA and Jumbo loans. This program is not available on Down Payment Assistance Programs, Grant Programs or Non-QM (Bank Statement Loans). Minimum loan amount $100,000. This is not a commitment to lend.

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