$500 BEST PRICE GUARANTEE · CALIFORNIA
We match or beat any lender. Or we pay you $500.
At Save Financial, Inc., we don't just promise great terms — we guarantee them. Bring us a locked loan estimate from any competing lender. If we cannot beat their combination of interest rate, lender fees, and monthly mortgage insurance, we'll send you a $500 check after you close with the competitor.
How to claim the Save Financial $500 Guarantee
Step 1: Submit your Loan Estimate
Send us your current official Loan Estimate from any competing lender. We'll review the numbers to see if we can offer a lower combination of rates and fees.
Step 2: The "same-day" rate lock comparison
If our initial offer doesn't beat theirs, proceed to lock your rate with the competitor. You must share that locked Loan Estimate with us on the same day it is issued so we can attempt to match or beat it under the exact same market conditions.
Step 3: Close and get paid
If Save Financial, Incorporated still cannot beat the locked offer, proceed to close your loan with the competitor. Simply provide us with your Final Closing Disclosure (CD) within 10 days of funding, and we'll send you a $500 check.
Why we can offer this guarantee
Save Financial confidently offers our $500 Best Rate & Fees Guarantee because we've thoroughly checked our competitors and know we have the best deal. With our advanced mortgage platform, we search through our top lenders to find you the lowest rates and fees. We simply earn less on each loan — and we make up for it by closing more loans. Our low-cost broker approach sets us apart from retail banks and credit unions, which is why we're proud to offer this guarantee. Other banks, credit unions, and mortgage companies won't promise the lowest rates and fees because they know they don't have them.
Save Financial $500 Best Rate Guarantee — Full Terms & Conditions
Save Financial, Incorporated is committed to transparency. If you close a loan with any other lender for a lower combination of interest rate, fees, and monthly mortgage insurance — and we cannot match or beat it — we will send you a $500 check. To ensure a fair, "apples-to-apples" comparison, the following terms and conditions apply.
Phase 1: The comparison process
1. Official quote comparison
You must provide an official, detailed, written quote from a competing lender. This document must be submitted to Save Financial on the same day you receive it so we can compare under the same market conditions.
The quote must clearly show:
- Lender Name and Quote Date
- Loan Type, Term, and Loan Amount
- Purchase Price / Property Value
- Interest Rate & APR
- Monthly Mortgage Insurance (if applicable)
- All Lender Fees, Discount Points, and Lender Credits/Rebates
- All Third-Party Charges (Appraisal, Credit Report, Title Fees, etc.)
2. Rate lock verification
If our initial review shows we cannot beat the quote, you must inform us that you are proceeding with the competitor and lock your rate on that same day.
- Submission: Within one business day of locking, email us a complete, unaltered copy of the official Locked Loan Estimate (LE) from the competitor.
- Verification: The Locked LE must match the fees sheet or preliminary estimate previously provided. It must clearly show the lock expiration date, rate, points/credits, and loan terms.
3. Superior pricing & the "beat" clause
If Save Financial is able to provide a better deal (a lower combination of rate, fees, and MI) after you lock with a competitor but before you close, and you choose not to accept our superior offer, you are not eligible for the $500 guarantee.
4. Closing documentation & payment
If we confirm we are unable to beat the competitor's locked offer, proceed to close the loan with them.
- Documentation: You must provide Save Financial with a complete, unaltered copy of your final signed Closing Disclosure (CD) and the Promissory Note from your closing package.
- Timeline: These documents must be sent within 10 business days of your closing/disbursement date.
- Payment: If the final terms match the original competitor quote/Locked LE, and confirm the lower combination of rate and fees, Save Financial, Incorporated will mail your $500 check within 30 days of verification.
Phase 2: Program restrictions & eligibility
The Guarantee is designed to provide transparency on standard loan products. To qualify, the loan must meet the following criteria:
- Eligible Loan Types: Valid only for Fixed-Rate Conventional Conforming loans, FHA loans, and VA loans.
- Minimum Loan Amount: Valid only for loans of $200,000 or higher.
- Product Matching: The guarantee applies only to identical loan terms and products that are currently offered by Save Financial, Incorporated.
- Excluded Loan Types: We do not offer this guarantee on Jumbo loans or High Balance loans.
- Excluded Competitors: We do not match offers from a builder's preferred lender, FDIC Banks or from Credit Unions.
— FREQUENTLY ASKED QUESTIONS
$500 Guarantee FAQs
What is the Save Financial $500 Best Price Guarantee?
Save Financial, Inc. guarantees to match or beat any competitor lender's locked loan estimate. If we cannot beat the combination of interest rate, lender fees, and monthly mortgage insurance from a locked competitor offer, we will pay the borrower $500 after they close with the competitor and provide their final Closing Disclosure.
How do I claim the $500 guarantee?
Three steps: (1) Submit your official Loan Estimate from a competing lender to Save Financial. (2) If our initial review can't beat their offer, you may proceed to lock with the competitor — share the locked Loan Estimate with us the same day. (3) If we still cannot beat the locked offer, close with the competitor and send us the final signed Closing Disclosure and Promissory Note within 10 business days of funding. Save Financial mails the $500 check within 30 days of verification.
Which loan types are eligible for the guarantee?
The guarantee applies only to Fixed-Rate Conventional Conforming loans, FHA loans, and VA loans with loan amounts of $200,000 or higher. Jumbo loans and High Balance loans are excluded.
Are any competitors excluded from the guarantee?
Yes. The guarantee does not apply to offers from builder's preferred lenders, FDIC banks, or credit unions. The guarantee applies to standard wholesale and broker-channel competitors only.
What documents do I need to submit?
The competing lender's official quote must clearly show: lender name and quote date, loan type/term/amount, purchase price or property value, interest rate and APR, monthly mortgage insurance (if applicable), all lender fees, discount points, lender credits/rebates, and all third-party charges (appraisal, credit report, title fees, etc.).
What if Save Financial offers a better deal after I lock with the competitor?
If Save Financial provides a better deal after you've locked with a competitor but before you close, and you choose not to accept our superior offer, you are not eligible for the $500 guarantee. The guarantee is designed to ensure you get the best possible deal — not to allow shopping after locking.
What's the deadline to submit my Closing Disclosure?
Your complete, unaltered final Closing Disclosure (CD) and Promissory Note must be submitted to Save Financial within 10 business days of your loan funding date.