Drees has homes ready for move-in now! Why buy new? You can beat the average market rate and take advantage of our LOW fixed rate financing of 5.99% (6.032% APR). Incentive available through July 31 when you close by August 30, 2024 with our preferred lender, First Equity Mortgage.
Now is the time to make your move, and there's no better moment than during our Summer Sizzle Sales Event. Receive up to $20,000 in financing assistance when you purchase a build-to-order or select quick-move-in home in the Austin area before July 31, 2024.
*Advertised interest rate of 5.99% has a 6.032% ANNUAL PERCENTAGE RATE (APR) based on a conventional 30-year fixed rate mortgage on an owner-occupied home with a sales price of $500,000, loan amount of $400,000, 760 credit score and 20% down payment with no subordinated financing allowed. The APR does not consider any other loan specific finance charges you may be required to pay. Conventional loans only, cannot exceed conventional limits, high balance, government, adjustable rate and jumbo loans are excluded. Subject to credit approval. Availability of advertised rate is limited and is on a first come, first serve basis and only available until commitment pool is filled. Some buyers may not qualify for this loan or this rate.
Rate valid only on firm, non-contingent purchase agreements for eligible, owner-occupied, homes accepted by Drees Custom Homes before July 31, 2024, and the home closes by August 30, 2024, with First Equity Mortgage of Ohio, Inc, an equal housing lender licensed by the Texas Department of Savings and Mortgage, NMLS #21157. Buyer is not required to finance through First Equity Mortgage to purchase a Drees Home; however, they must use First Equity Mortgage to receive this promotional rate. Other restrictions may apply. Drees Custom Homes and First Equity Mortgage reserve the right to modify and/or terminate the promotion at any time. First Equity Mortgage is a wholly owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017. Contact your First Equity Mortgage loan officer for details.
**Up to $20,000 finance assistance incentive is valid on firm, non-contingent purchase agreements accepted by July 31, 2024 on build-to-order and select quick-move-in homes in the Austin area when buyer finances with First Equity Mortgage, Inc., an Equal Housing Lender licensed by the Texas Department of Savings and Mortgage, License #SML; NMLS #21157. Excludes build-on-your-lot homes. Subject to borrower qualification. Amount of incentive varies by Drees community and plan. Flex Cash may be used for financing assistance (closing costs and/or buying down the interest rate). This Incentive is not available with other promotions or discounts and is subject to change or withdrawal without notice. Other restrictions may apply. See your Drees market manager for details. First Equity Mortgage, Incorporated is a wholly-owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017.