Limited Time Offer at The Colony in Bastrop, TX

Save big with rates starting at 2.99% (6.798% APR) your first year!*

This is one deal you can't pass up! Right now, you could qualify for a 3-2-1 buydown on a FHA mortgage in The Colony. Imagine buying a new home and make lower payments your first three years. With an FHA mortgage, your rate could be as low as 2.99% (6.798% APR), making it easier to purchase the home of your dreams!

How Does a 3-2-1 Buydown Work?

• Year 1: Enjoy payments based on an interest rate 3% lower - 2.99% (6.798% APR) - than your locked-in rate.

• Year 2: Your rate is 2% lower - 3.99% (6.798% APR) - helping you save on your mortgage payment.

• Year 3: Your rate is 1% lower - 4.99% (6.798% APR) - keeping your monthly payments low.

• Year 4-30: Pay your original locked-in rate - 5.99% (6.798% APR) - still a great deal!

The Colony is a new home community located in Bastrop, TX. This master-planned community blends natural beauty with exceptional amenities. At the center of the community is The Lakehouse. This amenity center is filled with great spaces such as a resort-style pool, fitness room, indoor event space and more. Looking to get outside? There's tons of way to connect with nature like miles of scenic trails, a disc golf course, dog parks and numerous pocket parks throughout. Enjoy a connect lifestyle just minutes from downtown Bastrop.

Hurry, this promotion ends July 31!

*Advertised interest rate of 2.99% (6.798% APR) is valid only on firm, non-contingent purchase agreements for eligible, owner-occupied quick move-in homes accepted by Drees Custom Homes at The Colony community in the Austin area, July 1-31, 2026, and close by August 31, 2026, with First Equity Mortgage Inc. With the advertised rate, borrower payments for the first year will be based on an interest rate of 3% below the current market rate on an FHA mortgage. The second year’s payments will be based on an interest rate 2% below the current market rate on an FHA mortgage. The third year's payments will be based on an interest rate 1% below the current market rate on an FHA mortgage. In years 4-30, payments will be based on the original locked-in rate. For example, in the first year, borrower payments will be based on a 2.99% interest rate (6.798% APR), second year 3.99% interest rate (6.798% APR), third year 4.99% interest rate (6.798% APR), then 5.99% interest rate (6.798% APR) for the remaining 27 years. The APR does not consider any other loan specific finance charges buyer may be required to pay. Example shows a 30-year FHA loan for an owner-occupied home with a sales price of $500,000, 680 credit score and 3.5% down payment. Subject to standard qualifications and credit approval. Government and adjustable-rate mortgages are not eligible. The 3-2-1 buydown option is available on Jumbo loans but at a different interest rate.

First Equity Mortgage Inc. is an Equal Housing Lender licensed by the Texas Department of Savings and Mortgage, License #SML; NMLS #21157 (www.nmlsconsumeraccess.org), and is a wholly owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017. Buyer is not required to finance through First Equity Mortgage Inc. to purchase a Drees Home; however, buyer must use First Equity Mortgage Inc. to take advantage of advertised incentives. Consumers wishing to file a complaint against a mortgage banker or a licensed mortgage banker residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department's website at www.sml.texas.gov. A toll-free consumer hotline is available at (877) 276-5550.