Forward Commitments

What makes our Forward Commitment Program different? In a word - flexibility.

We offer several unique options that allow you to customize the commitments to both you and your homebuyer's needs. First, all loans delivered equal to or below the committed rate will not count against your committed amount. This means that you can buy less commitments and use individual long-term float down commitments to manage your sales. We also commit in a number of coupons so that you can use premium pricing, as well as discounted pricing based on what features are selling in your subdivisions.

In addition, we price 15-year loans in the same commitment, which allows you additional price protection for your buyers who prefer short-term financing. Lastly, our commitments do not specify a percentage for specific loan products being delivered, giving you complete flexibility to tailor the financing packages during the commitment period. For more information on Forward Commitments and your options, please call your local NCM representative.