MARYVILLE, Tenn., June 16, 2017 /PRNewswire/ -- Vanderbilt Mortgage and Finance, Inc., a Berkshire Hathaway company, is announcing the "Welcome Home" buyer incentive promotion.
Qualified applicants in Texas, who apply for a mortgage between May 1 and June 30 and close by Oct. 28, are eligible for a $500 prepaid debit reward card after mortgage loan funding.*
"We love helping people achieve the dream of home ownership," said Eric Hamilton, President of Vanderbilt Mortgage and Finance, Inc. "We're excited to offer this incentive as they begin a new chapter in their lives. It's our way of saying 'Welcome Home' and wishing them many years of happiness in their new homes."
Vanderbilt has been helping homeowners since 1974. This is the company's first buyer incentive promotion.
Buyers can find more information about Vanderbilt by visiting vmfhomeloan.com or calling 866-701-0467.
* CONDITIONS FOR THE VANDERBILT APPLY AND CLOSE INCENTIVE (the "Offer"): Available for Conventional Loans Only, not available for FHA financing. Offer only available from Vanderbilt Mortgage and Finance ("Vanderbilt") for the purchase of a new or eligible used home from a participating Clayton Homes Family of Brands retailer ("Seller"). Offer available to individuals that meet Offer eligibility requirements. To be eligible a credit application must be submitted to Vanderbilt by an individual (an "Applicant") May 1, 2017 through June 30, 2017. Applicant must satisfy all credit requirements for the loan program applied for and close their loan on or before October 28, 2017 to receive the Offer incentive. Vanderbilt is not responsible for closing delays including, but not limited to: delays caused by Seller, closing agent or any other third party; delays in appraisal or inspection completion; delays due to Applicant, including by way of example, changing loan products or terms or failure or delay in meeting credit documentation requirements; or, delays due to availability of home selected. Closing is the date that Applicant signs the Retailer (Seller) Closing Agreement and Vanderbilt's loan documents for a financed new home purchase. Offer incentive will be in the form of a $500.00 VISA® prepaid reward debit card and is limited to one $500.00 VISA card per Vanderbilt financed home purchase. Applicant is subject to all terms and conditions set forth on the VISA card, including expiration date, and to all terms and conditions in the issuer's cardholder agreement. VISA card will be issued in the name of the primary borrower on the loan documents by Meta Bank pursuant to a license from VISA U.S.A. The Applicant listed as the primary borrower on the loan documents will be notified within four weeks after the loan funding date (when the Seller is paid in full for the home purchase by Vanderbilt after the home has been installed) that the VISA card is available for pick up from the home center where the home was purchased and Applicant is responsible for picking up the card. Offer only good for homes sold in Texas. Available loan programs and terms will vary by state. Void where prohibited, but only to the extent prohibited. This Offer does not constitute a full credit approval. Applicant must satisfy all Vanderbilt credit requirements.
Vanderbilt Mortgage and Finance, Inc., 500 Alcoa Trail, Maryville, TN 37804, 865-380-3000, NMLS #1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Loans made or arranged pursuant to a California Finance Lenders Law license, GA Residential Mortgage (Lic. #6911), Illinois Residential Mortgage Licensee, MT Lic. #1561, Licensed by PA Dept. of Banking.
About Vanderbilt Mortgage and Finance, Inc.
Vanderbilt Mortgage and Finance, Inc. is a national housing lender that specializes in financing manufactured homes. In business for more than 40 years, the company currently services more than 180,000 home loans and works hard to tailor loans to each family's needs. Vanderbilt has an A+ grade from the Better Business Bureau and is a Berkshire Hathaway company. For more information, visit VMFHomeLoan.com.
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SOURCE Vanderbilt Mortgage & Finance, Inc.