Quadrant Homes Announces Quadrant Assurance Program, Offering Free Mortgage Protection in the Event of Involuntary Job Loss

Northwest homebuilder aims to boost prospective homebuyers' confidence by combining breakthrough mortgage protection plan with the Built Your Way Promise

Mar 15, 2011, 08:00 ET from Quadrant Homes

BELLEVUE, Wash., March 15, 2011 /PRNewswire/ -- Quadrant Homes announced today the Quadrant Assurance program, which offers 24 months of free mortgage payment protection coverage to homebuyers in the event of an involuntary job loss. The Quadrant Assurance program is provided at no cost to the homebuyer with the purchase of a new Quadrant Home and combines with Quadrant's Built Your Way Promise. If a homeowner isn't completely satisfied with their home on completion, or if it was not built to their order, they don't have to buy it, period.

"We understand that the home buying process can be daunting – especially in light of the recent economy," said Quadrant Homes president Ken Krivanec. "We're proud to offer the Quadrant Assurance program to help boost consumer confidence and provide greater peace of mind regarding this very important decision. With the safety net of mortgage protection and our innovative Built Your Way promise, we want to tell homebuyers that we'll be there with them every step of the way."  

According to the terms of Quadrant Assurance, Quadrant Homes offers every qualified buyer up to 24 months of mortgage protection coverage upon closing. Should the homebuyer involuntarily lose their job during that time period, up to six months of payments (up to $2,000 or $2,500 depending on the Quadrant community) will be provided. These payments include principal, interest, taxes and insurance paid directly to the lender.  

For complete terms of the Quadrant Assurance program, please visit http://www.quadranthomes.com/built-your-way/assurance.

 About Quadrant Homes

More Washingtonians live in a Quadrant home than in one constructed by any other builder.  Quadrant Homes, a subsidiary of Weyerhaeuser Real Estate Company, is now in its 40th year of award-winning home building in the Puget Sound region.  Quadrant's "Built Your Way" approach encourages homebuyers to select the features that matter most to them.  The company is currently building or developing new-home communities in King, Snohomish, Pierce, Thurston, Kitsap, and Skagit counties. Quadrant was recognized with the 2010 Guildmaster Award for exceptional customer satisfaction, has been named  a Builder of the Year by the Master Builders Association of King and Snohomish Counties, and one of Washington's Best Work Places by The Puget Sound Business Journal.  Quadrant has also been designated by the Environmental Protection Agency as a qualified ENERGY STAR® builder. For more information, visit Quadrant's Web site (www.quadranthomes.com), (www.twitter.com/quadranthomes) and (www.facebook.com/quadranthomes).

SOURCE Quadrant Homes