Kenny Tan Kenny Tan NMLS 1371528

I’ll pay you $1,000 if another lender beats my rate.

If another lender gives you a lower total cost — combining rate + lender fees + monthly mortgage insurance — for the same loan terms, I’ll pay you $1,000.

Eligible loans: Conventional, FHA, VA (fixed-rate) · $200K+ · Not valid in WA · Excludes builder preferred lenders & credit unions · Ends Apr 30, 2026

How it works (quick)

  1. I’ll send a transparent quote with rate and fees.
  2. If another lender’s same terms total cost is lower, close with them.
  3. Send me their locked Loan Estimate within 1 business day, then the final Closing Disclosure within 10 business days of disbursement.
  4. If I later offer you a better deal and you choose not to accept it, the $1,000 no longer applies.

Get Your Free Quote

Prefer to talk? Call 714 316 0591 or email kenny.tan@loanfactory.com.

Full Terms & Conditions

I want this guarantee to be clear and fair. Here’s exactly how it works, in plain language.

1) What counts as a lower total cost

Total cost means the combined impact of interest rate + lender fees + (if applicable) monthly mortgage insurance for the same loan terms and property profile.

2) Matching terms (apples to apples)

  • Same loan type (Conventional Conforming, FHA, or VA) and fixed rate
  • Same term (e.g., 30 year), lock period, and points/credits
  • Same property type & occupancy (primary, second home, or investment)
  • Same purchase price/property value, loan amount, and LTV assumptions
  • Comparable credit profile and escrows

3) Documentation you’ll provide

To verify a lower total cost, please send me a written competitor quote that shows:

  • Lender name and date
  • Loan type & term; purchase price or property value; loan amount
  • Interest rate and monthly mortgage insurance (if applicable)
  • Exact amounts for all lender fees, discount points, credits/rebates
  • Exact amounts for third party charges (appraisal, title, credit report, etc.)

4) Timing requirements

  • The competitor quote must be from the same day you receive my quote.
  • If you choose the competitor, please lock their rate the same day.
  • Email me the complete, unaltered locked Loan Estimate (LE) within 1 business day.
  • After closing, send me the complete, signed final Closing Disclosure (CD) within 10 business days of disbursement.

5) When the $1,000 does not apply

  • If I later offer you a better deal after you’ve locked elsewhere and you choose not to accept it.
  • If the comparison is not like for like based on the matching terms above.
  • If documentation is incomplete, altered, or not provided within the required timeframes.

6) Eligibility & exclusions

  • Eligible loans: Fixed rate Conventional Conforming, FHA, and VA only
  • Minimum loan amount: $200,000
  • Not valid in: Washington (WA)
  • Not eligible if competitor is: A builder preferred lender or a credit union

7) Expiration

This guarantee is available through April 30, 2026 (subject to change).

Quick recap: If another lender’s same day, same terms total cost is lower — and you close with them and provide the LE + CD on time — I’ll pay you $1,000.