DHI Mortgage offers an extended rate lock with a float down option that allows you to lock your loan for up to 120 days 1 with a one-time “float down.” This means if the interest rate drops below your locked rate, you may float down to the new rate and relock your loan before closing. The float down may only be used once, within 60 days of your close date, but not later than 15 days before closing. the chance to PROTECT YOUR INTEREST RATE FOR 120 DAYS ! D.R. Horton is offering additional closing cost incentives of UP TO 3 DISCOUNT POINTS to use toward a rate buydown AND giving you
PROGRAM GUIDELINES Offered on 30-year fixed-rate Conventional 2 , FHA, VA 3 , and USDA 4 mortgages • Float-down option is forfeited when lock expires • Borrower is required to pay an up-front fee of 0.5% of the loan amount to lock the rate for 120 days, which will be credited back at closing.
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DHI Mortgage 4312 Miller Rd., Rowlett, TX 75088 214-607-4321 direct dhimortgage.com
Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #196085. 4312 Miller Rd., Rowlett, TX 75088. Company NMLS #14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit www.dhimortgage.com/affiliate. Provided for informational purposes only. This is not a commitment to lend. Not all borrowers will qualify. 1 Based on the DHIM 120 Day Extended Lock with Float Down. Borrower may be required to pay a fee if they choose to lock in an extended rate. Only refundable if loan closes with DHIM. Borrower is not required to finance through DHIM to purchase a home; however, they must use DHIM to be eligible for the program. Some restrictions apply. Maximum contribution limits may apply. 3 Refundable up-front fee of .500% is not charged on VA loans. 4 USDA Program contains borrower income and asset limitations. Property eligibility requirements apply. Additional closing costs may apply. Please contact your Mortgage Loan Originator for complete eligibility requirements. A good faith earnest deposit is required at contract. Equal Housing Opportunity. FHA = Federal Housing Administration. USDA = U.S. Department of Agriculture. VA = U.S. Department of Veterans Affairs. REV: 05/02/25 | EXP: 08/02/25
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