Buy Now, FREE-Fi Later!

Get a FREE REFI when rates drop if you buy now*

Buy your dream home now and FREE-FI later. Save big on cooling home prices and save up to $1,500 on refinance fees when rates drop. Feel secure in your purchase today, knowing that we’ll help you save on your refinance when you’re ready.

How it Works:

Buy Now

Free-Fi Later

Apply for a purchase loan by Feb. 29, 2024

Close on a rate-reduction refinance before Dec. 31, 2025.

Get a FREE-Fi Later certificate worth up to $1,500 in future lender credits to cover lender fees on your refi.

Present your Loan Officer with the FREE-Fi Later certificate to eliminate lender fees up to $1,500 on your refinance loan.

Make at least 6 payments on your mortgage

Close on your refinance and enjoy the savings!

Watch for interest rates to drop!

FREE-Fi certificate must be redeemed by Dec. 31, 2025.

Limited Time Offer!

Buy Now to Lock in the Savings Later!

Think your ready to take the leap? Contact us today and together we can prepare you for your journey to financial security.

Frequently Asked Questions

Is this program for a limited time?

Yes. Borrowers must apply on a purchase mortgage by Feb. 29, 2024.

What are the eligibility requirements?

Buy Now, FREE-FI Later is offered to all Open Mortgage clients who apply on a first lien purchase mortgage by Feb. 29, 2024. Subject to credit approval.

How do I claim my future lender credit?

Your loan officer will present you with a redemption certificate at the closing of your original loan. You must present this to your loan officer when you apply for a refinance at a future eligible date. This certificate will eliminate your lender fees on a rate-reduction refinance, of up to $1,500.

When does the promotion end?

You must apply for a purchase loan by Feb. 29, 2024. Borrowers who make 6 complete mortgage payments on the original loan have until Dec. 31, 2025, to redeem their refinance certificate.

*Terms and Conditions: The Buy Now Free-Fi Later Promotion is valid on Open Mortgage first lien purchase loans with applications taken between 9/1/2023 and 10/31/2023. After 6 full payments, the borrower is eligible to refinance the purchase loan with Open Mortgage and they will receive a lender credit up to $1,500 towards applicable lender fees (i.e. underwriting, application fees, commitment, administrative fees, processing fees, etc.). The Open Mortgage refinance must be closed on or before 12/31/2025. Borrower must submit promotional certificate issued on original purchase transaction to receive the lender credit on refinanced loan. Free-Fi Certificate does not ensure mortgage eligibility. Borrowers must qualify to refinance at time of application. Refinance loan is subject to underwriting and collateral approval and must be a first mortgage or deed of trust. Only one lender credit per new loan. This lender credit is void where prohibited and is non-transferrable, subject to the terms herein, and valid on complete and closed loans only. By refinancing an existing loan, your total finance charges may be higher over the life of the loan. Some loans may be subject to prepayment penalties. Not all borrowers will qualify. This promotion may not be combined with any other offers, discounts or promotions. This is not a commitment to lend.


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Helping You to
Understand Your Options

Explore our free e-guide on refinance.

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