Get a lower rate when you purchase one of these qualifying homes! Contact us at (918) 832-0999 to learn more and to take advantage of these savings!
Rates as low as 2.625% (6.402 APR) for the first year on a 3/2/1 buydown with appropriate credit, must have a 740 or higher credit score. At 4.75%, that Principal and Interest Payment would be $1,895.08 per month for the first 12 months. Using a purchase price of $369,990 on a FHA loan with 3.5% down payment, the base amount would be $357,040, with a final loan amount of $363,288 with Mortgage insurance Premium required by FHA; MI on this example would be $147.26 per month. Total payment (PITI plus MI) would approximately be $2,613.20 for the first year only. No lender credit available for this promotion. Example based with 740 credit score.
The sample results may not be available to you for financing purposes or consider all loan options or important considerations for home buying and financing decisions. Actual mortgage loan terms and conditions are subject to credit approval, market conditions, availability, and other terms and conditions, including closing costs which may increase the monthly payment calculation. This promotion cannot be combined with any other offer or incentive. Glenwood Homes reserves the right to end this promotion at any time. Homes must close by 07/31/2024.
