Rouse/Chamberlin Homes

Rouse/Chamberlin’s goal is to make the home buying process as pleasant as possible. The process of obtaining a mortgage loan is no exception. We want our home buyers to be able to have not only attractively priced mortgage loans but, equally as important, a smoother, hassle-free experience in getting a mortgage.

That’s why we’ve started our Preferred Mortgage Lender Program. Through a competitive search process, we’ve selected Glendale Mortgage because they offer not only attractive rates, but also meet our high standards of service and responsiveness.

Glendale Mortgage will make every effort to provide estimated closing costs at least seven days prior to closing on your home, provided that Commonwealth Land Title is selected as the Title company. They will also attend settlement and explain all the mortgage documents.

On-Site Customer Service

Glendale Mortgage loan officers will be available at our sales offices one Sunday per month to answer any questions and assist you in determining the best option for you.

HASSLE-FREE CONVENIENCE

Glendale Mortgage loan officers are among the best and most experienced in the business. Your loan officer will take your application wherever it is convenient for you. He or she will be readily available to answer your questions and you’ll have your loan commitment in hand promptly.

WHAT ARE THE DEPOSIT REQUIREMENTS?

By agreeing to use Glendale Mortgage Company, the down payment requirements are reduced from the usual 10% to a 5% deposit on the base price of the home and the lot premium. Plus, 5% on all options as opposed to the usual 25%. In addition, Glendale Mortgage will not charge more than a total of $925.00 in closing fees, not including the $300.00 application fee to initiate the process and settle the mortgage loan.

The $300.00 mortgage application fee will be paid at the signing of the Agreement of Sale by the Buyer as part of the application process and be reimbursed to the Buyer at settlement by Glendale Mortgage Co. It will be shown as a credit on the HUD-1.

NO SURPRISES AT SETTLEMENT

Because Glendale Mortgage is familiar with Rouse/Chamberlin’s procedures and paperwork, there won’t be surprises or delays at settlement. And unlike what other lenders require, no cash escrows will need to be posted for any incomplete weather-related items.

WHAT ARE SOME EXAMPLES OF HOW MUCH I CAN SAVE BY USING THE PREFERRED LENDER?

The amount you save will depend upon your mortgage amount. The following is a breakdown of what you can expect:

Mortgage Amount	Credit to Buyer at Settlement
$100,000	$500.00
$125,000	$625.00
$150,000	$750.00
$175,000	$875.00
$200,000	$1,000.00
$225,000	$1,125.00
$250,000	$1,250.00
$275,000	$1,375.00
$300,000	$1,500.00

A rebate certificate will be presented to you at Agreement to be redeemed at settlement as a credit toward closing costs.

Pricing subject to change