*The 5.99% (APR 6.128%) 30 year fixed interest rate incentive applies to select quick move in homes in the Talia neighborhood and is valid on firm, non-contingent, owner-occupied home purchase agreements accepted by Drees Custom Homes between February 17 - March 10 2025. Purchaser must close with First Equity Mortgage by March 31, 2025. Incentive based off home's sale price of $600,000 with a minimum 760 credit score and 10% down payment. Subject to full credit approval. This intrerest rate offer cannot be combined with any other financing incentives. Excludes homes built from the Elevate by Drees Custom Homes division. Ask a Drees Custom Homes market manager for more details.
Buyer is not required to finance through First Equity Mortgage to purchase a Drees Custom Home; however, buyer must use First Equity Mortgage Inc., an Equal Housing Lender licensed by the Texas Department of Savings and Mortgage, License #SML; NMLS #21157 (www.nmlsconsumeraccess.org), to receive the 5.99% (APR 6.128%) 30 year fixed rate offer. Other restrictions may apply. First Equity Mortgage, Incorporated is a wholly-owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Fort Mitchell, KY 41017. Equal Housing Lender. See First Equity Mortgage loan officer for details.
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 1-877-276-5550.
The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's website at www.sml.texas.gov.