*Advertised interest rate of 4.99% has a 5.052% 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. Offer cannot be combined with any other incentives.
Rate valid on firm, non-contingent purchase agreements for eligible, owner-occupied, quick move-in homes that have been accepted by Drees Homes between October 1 - 31, 2024, and the home closes by November 30, 2024 with First Equity Mortgage Inc., an Equal Housing Lender licensed by the Texas Department of Savings and Mortgage, License #SML; NMLS #21157 (www.nmlsconsumeraccess.org). Buyer is not required to finance through First Equity Mortgage Inc. 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 Inc. reserve the right to modify and/or terminate the promotion at any time. First Equity Mortgage Inc. 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 Inc. loan officer for details.
**Up to $25,000 finance assistance incentive is valid on firm, non-contingent purchase agreements accepted between October 1-31, 2024, on build-to-order homes in the DFW 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. Subject to borrower qualification. Amount of incentive varies by Drees community and plan. 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. Excludes homes built by the Elevate by Drees division. Other restrictions may apply. See your Drees market manager for details. First Equity Mortgage, Inc. is a wholly-owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017.