Website Disclosure and Program Summary
This page provides additional details about Prime Direct Capital's Good Behavior Incentive Clause Program (the "Program"). It is intended to explain how the Program works in plain language and to summarize key terms. This page is for informational purposes only.
The Good Behavior Incentive Clause Program is a facilitation and educational policy designed to reward consistent payment performance and cooperation.
Think of it like an extended service plan concept: if you keep the account in good standing and follow the process, Prime Direct Capital will assist you in renewing your program terms.
This analogy is for explanation only, the Program is not a warranty or insurance.
You may be eligible to participate and remain eligible if you meet all of the following conditions:
Make a minimum of the first six (6) consecutive monthly mortgage payments on time after the loan is originated
Make ongoing payments in accordance with your Note
Follow all Program requirements
Cooperate reasonably with requests needed to pursue options, including documents, signatures, and scheduling
Remain compliant with your mortgage terms and applicable law
A 15-day grace period applies to each monthly payment, as permitted by your Note.
Prime Direct Capital will use commercially reasonable efforts to assist and facilitate review of potential options during the initial 60-month (5-year) period, including when reasonably available:
Quick refinance option
Standard refinance option
Modify existing terms
Important: Prime Direct Capital's role is assistance and facilitation only. Final approval, eligibility, and terms are determined by third parties.
If, during the initial 60-month period, Prime Direct Capital is unable to deliver any reasonably available streamlined refinance, traditional refinance, or loan modification option before your rate is scheduled to adjust, Prime Direct Capital will use commercially reasonable efforts to assist you in pursuing a refinance intended to maintain the same interest rate for another 60-month term, subject to:
Then-current eligibility requirements
Third-party approval and underwriting
Applicable state and federal law
This is an objective, not a promise or guarantee that the same rate will be available or approved.
There are no prepayment penalties under this Program after the original Note is executed.
Prime Direct Capital does not charge additional origination fees for its facilitation services related to future refinance or renewal efforts under this Program.
Closing costs, lender fees, governmental fees, and other third-party charges may apply.
If you comply with your mortgage documents, complete the first six (6) on-time payments, and meet ongoing Program requirements, the Program and its terms may be eligible for renewal after the initial 60-month term.
To remain eligible for assistance intended to keep the same rate at the end of the initial 5-year term, you must agree to proceed with either:
If one is delivered and reasonably available
If one is delivered and reasonably available
Offers must be consistent with then-current guidelines and delivered prior to the rate adjustment.
Your eligibility under the Program will be permanently void if Prime Direct Capital delivers a documented and reasonably available offer during the initial 60-month period and you:
Decline it
Refuse it
Fail to proceed within a reasonable timeframe after being given the opportunity
Eligibility may also be voided if you fail to complete the first six (6) on-time payments, fail to maintain payment performance thereafter, fail to comply with your mortgage terms, or fail to cooperate with reasonable requests.
This exclusive Program benefit is available for one-time use only — make it count when the time is right for you.
Not a loan offer or commitment: Nothing on this page is an offer to lend or guarantee of approval.
Not insurance or a warranty: This Program is not insurance or a guarantee of any outcome.
Not the lender or servicer: Prime Direct Capital is not the lender of record or loan servicer.
Your loan documents control: Your Note and lender disclosures govern your loan.
Programs can change: Options are subject to guidelines that may change.
Consult professionals: We do not provide legal, tax, or investment advice.
Discover if you qualify for the Program. Our team is ready to help you navigate your refinance and modification options.
Multiple Ways to Connect
Speak directly with a program specialist
Book a free eligibility consultation
Check your loan terms and options