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Drees Freeze

With Drees Freeze, lock your interest rate up to 210 days and receive a free float down option 30 days before closing!*

With interest rates on the move, it's time to put today's rate on ice. Now, for a limited time, Drees will lock your interest rate for up to 210 days on any build-to-order home. And, should rates be lower 30 days prior to closing, you can re-lock at the lower rate at no additional cost. 

Drees Freeze is a benefit available at no cost to the borrower on all build-to-order homes. A refundable commitment of 1% of the loan amount is necessary at the time the rate is locked, which is then credited to you at closing. Learn more about your home financing options with First Equity Mortgage.

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