Best Rate/Low Fee Guarantee

Fidelity Residential ® will guarantee to have delivered you with
the Lowest Cost Loan of any lender or pay you $600.00
How does this guarantee work?
We are so sure that you will get the lowest cost mortgage through Fidelity Residential , that if you find a better offer prior to rate lock or closing, whichever comes first, we will beat it by at least $100.00 or we will pay you $600.00!
To qualify for the guarantee you must fax to 732-759-8197 the loan Application, loan estimate, and state compliant lock agreement from another lender which is dated within 24 hours of your Fidelity Residential rate lock or application.
The Loan Estimate and lock agreement must be accurate and based upon a loan with the same terms and conditions, including interest rate, closing costs* and lock expiration period, as your Fidelity Residential ® rate lock. For Adjustable Rate Mortgages (ARMs) the rate, term, margin, index and interim and lifetime caps must also be identical. Fidelity Residential® reserves the right to verify that the offer is accurate.
In the event that Fidelity Residential ® is unable to beat the competing offer by $100, you must fax a certified copy of the fully executed note and closing disclosure statement within 15 days of your closing with the competing lender to 732-759-8197. Fidelity Residential may take up to 60 days to process the check.
The note and closing disclosure statement must be accurate and match the terms and conditions, including lock period, of the documents presented for the Best Rate/Low Fee Guarantee.
Fidelity Residential ® will make all determinations of eligibility and qualification for payment of this Guarantee at its sole discretion. The terms and conditions of the guarantee are subject to change or revocation by Fidelity Residential ® at any time without prior notice. Fidelity Residential ® is not responsible for system failures, communication problems, failed, incomplete or delayed transmissions, time and date stamp mechanism errors, technical malfunctions of any Fidelity Residential equipment, any combination thereof, or other unforeseeable events beyond the control of Fidelity Residential ®.
*Closing Costs include the following fees: application, appraisal, credit report, document preparation, flood certification, processing, tax service, underwriting, and prepaid finance charges as defined under the Truth in Lending Act.