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Home Residential Loan
Programs Rate
Insurance
Gershman Mortgage’s Rate Insurance allows you to lock-in
an interest rate while you shop for a new home. You will have
up to 12 months or longer to find, buy and close on your new
home.
A free float down option is available. That means if rates
drop at the time of your closing, you’ll receive the
lower rate.
Rate insurance applies to homes to be built, homes under
construction, or newly constructed homes. Terms are subject
to change without notice.
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