Lifetime Automated Rate Monitoring

iQRATE Mortgages: Lifetime Automated Rate Monitoring

Stay informed about potential savings long after you close! As an iQRATE Mortgages client, you can benefit from our Lifetime Automated Rate Monitoring service, designed to keep an eye on the market for you.

What is it?

This complimentary service automatically monitors general market interest rate conditions relevant to the type of mortgage you obtained through iQRATE Mortgages. Our goal is simple: "If a better deal arises, you'll know."

How It Works:

1. Eligibility: This service is offered to clients who successfully close their mortgage loan brokered by iQRATE Mortgages. [Optional: Specify if opt-in is required, e.g., "You can easily activate this service post-closing."]

2. Automated Monitoring: We utilize technology to track general market interest rate trends for loan programs comparable to yours.

3. Significant Savings Opportunity Trigger: We monitor for potentially significant decreases in market rates. We typically identify a potential opportunity if general market rates for comparable loan programs drop by approximately 0.50% or more from the rate on your current loan.

4. Notification: If a potential savings opportunity is identified based on the 0.5% market rate drop trigger, we will typically notify you via an automated email alerting you to the favorable market conditions.

5. Empowering You & Follow-Up: This notification serves as valuable information, empowering you to explore your options. The email will include an invitation to contact iQRATE Mortgages to discuss whether a refinance makes sense for your specific situation. Additionally, an iQRATE loan officer may reach out proactively to discuss potential opportunities with you.

Understanding "Lifetime":

The "Lifetime" aspect refers to the duration we intend to offer this monitoring service. Typically, this means monitoring continues for as long as you maintain the original loan obtained through iQRATE Mortgages, [OR Specify alternative duration, e.g., "for X years," or "for as long as iQRATE Mortgages offers this complimentary service program."]

Important Terms & Disclaimers:

• This is an informational monitoring service and not a guarantee of savings or an offer or commitment to refinance.

• Monitoring is based on general market rate data and trends for comparable loan programs; it does not reflect personalized, real-time rate quotes, which depend on individual circumstances and lender pricing at the time of application.

• Notification thresholds and monitoring capabilities are based on available technology and market data sources, which may change over time.

• Any decision to refinance is yours alone. All refinance applications are subject to credit approval, underwriting approval based on guidelines then in effect, and property eligibility.

• This service is non-transferable.

• iQRATE Mortgages reserves the right to modify, pause, or discontinue this complimentary monitoring service program at any time, though we will endeavor to provide notice if feasible.

Stay Connected to Savings!

This is just one more way iQRATE Mortgages aims to provide value long after your closing day.