DENVER, March 1, 2018 /PRNewswire/ -- The Richmond American Homes and HomeAmerican Mortgage Corporation (NMLS Unique Identifier #130676) subsidiaries of M.D.C. Holdings, Inc. (NYSE: MDC) recently launched the Time to Lock Event, a multi-state sales promotion designed to help prospective homebuyers facing rising mortgage rates.
For a limited time, HomeAmerican Mortgage is offering extended rate lock programs for up to 350 days—with a one-time option to re-lock the rate within 60 days of closing if interest rates decrease during the rate-lock period—on fixed-rate loans for Richmond American homes that contract by the end of March. HomeAmerican is not charging a lock-in fee for this extended rate lock. This offer, valid on loan amounts up to $453,100, could be an attractive option for homebuyers who want to build a home from the ground up.
For buyers who want to move sooner, the Richmond American companies are also promoting quick move-in homes in several markets. Buyers can work with loan officers from HomeAmerican Mortgage to secure today's rates.
In an effort to help address homebuyers' mortgage questions, Richmond American has a complimentary Mortgage Quick-reference Guide available for download during the event. This new guidebook includes tips and tools to help homebuyers navigate the home financing process—whether this is their first home or their fifth.
About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 195,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, Florida, Maryland, Nevada, Oregon, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
The Richmond American Homes companies (RAH), HomeAmerican Mortgage Corporation (HMC), American Home Insurance
Agency (also known as AHI Insurance Agency) (AHI) and American Home Title and Escrow Company (AHT) are
owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. Each of
RAH, HMC, AHI and AHT offers services independently of each other, and if you obtain a product or service
from one company, you are not required to utilize the services of, or obtain products from, the other
company. Your decision to use a company that is not affiliated with RAH, HMC, AHI or AHT will not affect
your ability to obtain products and services from these companies. See licensing information.
Certain statements on the Site, including statements regarding the MDC Companies' business, financial condition,
results of operation, cash flows, strategies and prospects, constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be
identified by terminology such as "likely," "may," "will," "should," "expects," "plans," "anticipates,"
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