Los Alamos National Bank has created a better way for our builders to additionally
benefit from the sales of their speculative homes. A Builder Incentive Program has
been established in order to reward them for referring buyers of those homes to
LANB for their permanent financing:
- Upon closure of the home buyer’s mortgage loan, Los Alamos National Bank
will discount the origination fee for a future construction loan by ½ point.
This is in addition to the great benefits of the current construction program.
- To assist contractors in obtaining buyers, LANB will offer mortgage flyers
for the buyers to place in their speculative home which will publicize a
"preferred customer" number along with the various financing options
offered by the bank. Homebuyers can use this preferred customer number when
applying for their loan, both online and in person at any of the Los Alamos
National Bank offices.
Note: The original construction loan for a speculative home does not have to be
financed by LANB to be eligible for the origination fee discount.
Please call 1-800-525-9634 or (505) 662-5171 to schedule an appointment with Dion
Silva or Liz Cavasos for further information or for a loan interview.
Printable version of this commitment*
Loan commitments are analyzed on an individual basis and all commitments are
subject to the borrower’s financial condition and credit history. The rate and
terms are subject to change, so please check with a lender for current rates and
terms. This commitment will expire on January 1, 2008.
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