Home Financing
Financing Programs
To help you get into a Taber home!
We work with various lenders that have attractive loan options!Every homebuyer is different. Don't settle for the same old loan options that may not fit your needs. Let us help guide you to the best option to get you the best rates, with the best service and the most for your money!
Homebuyers are taking advantage of updated lending options. Ask about ARM options with lower fixed rates, interest rate buy-down options, and lending credits to use towards your closing costs!
Taber Special Promotions
Taber Special Promotions
Interest Rate Buy-Down
Stride Mortgage will buy down your mortgage interest rate for the first year of your loan term! With this option, your mortgage rate will be 1% lower for the first year. Years 2-30 will have a fixed rate. For example, year one of your loan has a 5.875% interest rate. From year 2-30, your interest rate is 6.875%. This is a great option to save hundreds in the first year of your mortgage!
Loyalty Advantage Program
We understand that interest rates can change suddenly, which is why Stride Mortgage created the Loyalty Advantage Program.
Choose Stride as your lender now and benefit from reduced closing costs if you refinance within 36 months! That means you can take advantage of lower interest rates without paying as much to refinance. This program is generously offered by Stride to show their appreciation to you as a returning customer!
In addition, Homes by Taber has partnered with OCA to provide lower title costs when refinancing your loan and closing again with OCA.
Disclaimers: This information is not an offer of credit or commitment to lend. All mortgage loans are subject to credit approval. Some restrictions may apply. Stride Mortgage is an Equal Housing Lender.
100% Financing
No down payment? No problem!
Colten Mortgage offers a 100% financing loan option for Homes by Taber customers. Don't let a down payment hold you back from purchasing a new Taber home! Take advantage of 100% financing. Let Taber buy down your interest rate to a below market, fixed interest rate!
$2,750 Stride Lending Credit
Stride Mortgage offers a $2,750 lender credit that is exclusive to Homes by Taber customers. No matter if you purchase a complete Quick Move-In home or build from the ground up, this lending credit is available to alleviate costs if you finance with Stride!
Available Finance Programs
Monitoring Rates?We've Got You Covered
Mortgage Calculator
Rates are estimated and will vary based on borrower credit. The estimated monthly payments shown include principal and interest only. Not included in these calculations are mortgage insurance (PMI), homeowner insurance, and taxes. Homes by Taber does not provide loans to buyers, but rather helps direct customers to the best option based on their borrowing needs. Rates, terms, and fees are based on https://www.wellsfargo.com/mortgage/rates/ and subject to change without notice. Homes by Taber does not guarantee these rates.
A change in interest rates will change what home you can afford
This chart demonstrates how a .5% interest rate increase will decrease a home buyer’s purchasing power
Note: Monthly payments have been rounded up or down to the nearest whole dollar. APR’s are not disclosed. 80% loan to value. Chart is for illustration purposes only.
Waiting for Prices to Go Up or Down... and Gambling Rates Won’t Go Up. RATES DON’T WAIT! MAKE A MOVE BEFORE RATES DO!
Frequently Asked Questions
QIs now the best time to get pre-approved or should I wait?
Because of inflation, the Fed is incrementally increasing rates. They will continue to do so until they are happy with how inflation reacts to the increases. There is currently no indication they will lower rates in any way. Waiting to buy is waiting for rates to increase. If rates are your concern, several lenders have programs to help secure a lower interest rate for a lower monthly payment. Homes by Taber is happy to help point you in the right direction for your best option.
QCan I lock in a rate if it goes lower?
In general, it's suggested that you lock in your rate if you’re less than 30-60 days from closing. If you’ve already locked in a mortgage rate, talk to your lender about “float-down” options. There’s a chance you could still use this strategy to lower your rate before closing. Your lender can advise you about the best time to lock in your rate.
QHow low will rates go? Will they ever get to zero?
No, rates will never get to 0% for a variety of reasons. Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drops, and rates increase. When the economy pulls back, interest rates tend to fall. The average mortgage rate shifts daily but has been low compared to historical rates.
QWhat is the timeline to get pre-approved?
The pre-approval process may take one to three days if you have all documentation ready to provide to the lender. Getting the required documentation to the lender quickly will allow your pre-approval process to go smoother and more quickly. After you are pre-approved, you will receive a pre-approval letter as evidence that you have a lender that has already verified your assets. The letter is typically valid for sixty to ninety days.
