New Home Promotion in Cincinnati | Spice Up Your Home Savings Event!

Condo & Townhome Limited-Time Savings starting at 5.125% (7.218% APR) your first year!*

For a limited time, spice up your new condo or townhome with savings that stand out. Qualified buyers can take advantage of a great rate on a 2-1 buydown option when financing a quick move-in home with First Equity Mortgage. Don't miss out on the chance to lower your monthly payments in your first two years.

How does a 2-1 buydown work?

Year 1

Save big your first year with an interest rate 2% lower, 5.125% (7.218% APR), than your locked-in rate.

Year 2

Your rate is 1% lower, 6.125% (7.218% APR), helping you save on your mortgage payment.

Year 3-30

Continue with your low locked-in rate of 7.125% (7.218% APR).

If rates shift before December 31, 2027, and you choose to refinance, First Equity Mortgage will waive lender origination fees for all qualifying First Equity Mortgage customers.** Start living in the home you want while taking advantage of special savings this month. Incentive ends November 22, 2026. Ask a Drees Market Manager for more details.

Find your home

*Advertised interest rate of 5.125% (7.218% APR) is valid only on firm, non-contingent purchase agreements accepted by Drees Homes in the Cincinnati and Northern Kentucky area, October 1 - November 22, 2026, close by December 22, 2026, and financed with First Equity Mortgage Inc. With the advertised rate, borrower payments for the first year will be based on an interest rate of 2% below the current market rate. The second year’s payments will be based on an interest rate 1% below the current market rate. In years 3-30, payments will be based on the original locked-in rate. For example, in the first year, borrower payments will be based on a 5.125% interest rate (7.218% APR), second year 6.125% interest rate (7.218% APR), then 7.125% interest rate (7.218% APR) for the remaining 28 years. The APR does not consider any other loan specific finance charges buyer may be required to pay. Example shows a 30-year conventional loan for an owner-occupied home with a sales price of $700,000, 760 credit score and 20% down payment. Subject to standard qualifications and credit approval. Government and adjustable-rate mortgages are not eligible. The 2-1 buydown option is available on Jumbo loans but at a different interest rate. Buyer is not required to finance through First Equity Mortgage of Ohio, Incorporated, to purchase a Drees Home; however, they must use First Equity Mortgage of Ohio, Incorporated to receive this incentive.

**First Equity Mortgage "No Lender Origination Fee Refinance Program" applies only to refinance transactions of purchase loans originated by First Equity Mortgage for a Drees-built home between October 1, 2026 and November 22, 2026. The refinance must result in a net tangible benefit to the borrower. Eligibility is based on completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Refinancing an existing loan may result in the total finance charges increasing over the life of the loan. First Equity Mortgage, Incorporated will waive the mortgage origination fee at time of closing. A $1,000 commitment fee may apply. Program ends 12/31/2027.

First Equity Mortgage is an Equal Housing Lender licensed by the Ohio Department of Commerce, Division of Financial Institutions, License #RM803826.00; NMLS #21157 and the Commonwealth of Kentucky, Department of Financial Institutions, License #MC84541; NMLS #21157 (www.nmlsconsumeraccess.org). Drees Homes and First Equity Mortgage, Incorporated reserve the right to modify and/or terminate the promotion at any time. First Equity Mortgage of Ohio, Incorporated, is a wholly owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017. Contact a Drees Homes Market Manager or a First Equity Mortgage of Ohio, Incorporated loan officer for details.