Rate locks

Rate locks and new-build timing

Long builds complicate locks. Lenders offer extensions and float-down features that cost money. Compare in writing.

MoJo is not a lender and does not promise rates. Ask your lender how lock periods align with the builder’s estimated completion and what extensions cost.

Builder-preferred lender incentives sometimes include buydowns — still compare a non-preferred estimate.

Keep the roles honest

MoJo = your independent buyer agent

Contract review, incentive math, inspection/punch-list strategy, and negotiation for you. MoJo is not paid to fill the builder’s quota.

Builder on-site sales = builder’s team

On-site agents know the community and the builder’s process. Their job is to sell that builder’s homes. That is useful — and it is not the same as buyer representation.

Related reading

Buying new construction in the Northland?

Independent representation beats going in alone. Call MoJo for a straight consult.

(816) 268-6068
Contact MoJo Call (816) 268-6068