Rates as low as 4.99%** (APR 5.643%) on a 30 year fixed rate FHA mortgage, for new contracts on select Quick Move-In homes able to close by April 30, 2024!
*Up to 6% of Buyer(s) mortgage amount (6 pts) towards buydown fee, discount points, and closing costs are valid for contracts written on or after 2/5/2024 and able to close by April 30, 2024. Paid closing costs may vary per home and apply to buyer's costs including allowable closing costs, pre-paids, capital contribution fees, and/or discount points (excluding fees from home inspections, radon inspections, or any other Purchaser elected transaction fee). The purchaser is responsible for closing costs in excess of this contribution. The Seller’s contribution is limited to agency limits of 3% to 6% (depending on percentage of down payment and loan program). Buyer will be responsible for any down payment required by the loan program guidelines, all program requirements, and any upfront mortgage insurance premiums. Financing is offered through Fairway Independent Mortgage Corporation (NMLS#22889). Reference: Nationwide Multistate Licensing System and Registry’s Consumer Access website: https://nmlsconsumeraccess.org. Prices and promotions are subject to change without notice. Restrictions apply. See a Pyatt Builders Community Sales Manager for details.
*5.250% (APR 6.185%) Conventional based on a $330,000 mortgage amount 75% LTV, 780 credit score. **4.99% (APR 5.643%) FHA example is based on a $350,000 mortgage amount, 680 credit score. **Monthly savings amount example is based on the Principal & Interest (P&I) difference between 7.125% & 4.99% on an FHA mortgage amount of $350,000 with 3.5% down payment. Market rate example based on average program rate 2/5/24 and is subject to market adjustments without notice. 2.5.24
