*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 Homes between July 31, 2024, and the home closes by August 30, 2024 with First Equity Mortgage, Inc., an Equal Housing Lender licensed by the Ohio Department of Commerce, Division of Financial Institutions, License #RM803826.000; 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 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.