Why Quadrant
  • Revolution Collection
  • Revolution Collection
  • Revolution Collection
  • Revolution Collection

Quadrant's Got Your Back with Quadrant Assurance

During the building process, and long after moving in, we’ve got you covered! Quadrant Assurance includes mortgage payment protection in the event of job loss, plus Quadrant’s Built Your Way Promise. Even better, this coverage is provided at no cost to you with the purchase of your new Quadrant Home. For full program details click here.

Quadrant Assurance in-depth

  • Quadrant Assurance is a 24-month insurance policy against unanticipated and involuntary job loss - coverage begins upon closing and is paid by Quadrant Homes.
  • Six months of payments (up to $2,000 or $2,500 per month depending on the Quadrant community) may be made for you, paid directly to the lender. Payments include principal, interest, taxes and insurance.
  • To qualify for the payments the borrower must apply for and be eligible to receive State unemployment benefits. Self-employed borrowers, certain military personnel, seasonal, temporary or voluntary workers are not covered under this program.
  • The borrower(s) must be employed in an eligible, full-time job at the time of closing their Quadrant Home to be eligible for the program.
  • 24 months of protection is provided for both borrower and co-borrower(s). If one borrower becomes involuntary unemployed, the monthly mortgage payment to the lender is based on the percentage of the unemployed borrower’s income to the total qualifying income at time of unemployment.
  • A 60-day vesting period applies commencing from the date of closing and benefits will begin 30 days after the date of involuntary unemployment.
  • There can be no other incentives substituted for the program and you can choose to decline the coverage.
  • Coverage ends 24 months after the closing date and cannot be extended by the buyer or Quadrant Homes.

The Fine Print

The actual terms, conditions, limitations, restrictions and exclusions are established by, and contained in the insuring documents. Exclusions include, but are not limited to: awareness prior to closing of pending time off or voluntary unemployment, denial of unemployment benefits and unemployment caused by disability or medical leave of absence. Inquiries regarding specific questions should be directed to "Mortgage Payment Protection" at (866)-JOBLOSS (562-5677). Quadrant Homes makes no representation or warranty concerning the Mortgage Payment Protection Program, the program administrator or the insurance company. Quadrant Homes is not affiliated with the insurer, program administrator or agents of the MortgageGuardian Program.