Our Purchase Agreement requires that the Homebuyer make a loan application within five business days of the effective date of the sale. As you well know, this requirement is in both our best interests, and we ask for your help in getting your client to meet the deadline.

Priority Home Mortgage is a joint venture between David Weekley Homes and First Continental Mortgage Company. Ask the Sales Consultant about any special incentives afforded by using our Priority Home Mortgage, our Preferred Lender. For example, we will pay for owners title insurance for the Buyer (on the loan amount). Even better, funding will occur the day of closing - which means you get your check and the Buyers get their keys! A win-win for everyone!

Throughout the building or closing process, we will be checking with you and the lender to track their loan progress.

Loan Locks
One thing is for sure: rates change. Whether rates will go up or down is a guessing game. The decision to "lock" the Buyer's interest rate is theirs alone. The target delivery date of their new home, if under construction, is always an estimate and your Buyer should proceed with caution when using this estimate to make a "lock" decision. If the rates become higher than the Buyer expects, they should plan to refinance later when the interest rates fall.

Loan Closing
In Houston, David Weekley Homes’ closings take place at Priority Title Company, a joint venture with Stewart Title Company. This firm is well trained in the proper documentation for David Weekley Homes and will ensure that a smooth closing will take place for you and your Buyer.