New Home Promotion in Indianapolis

Save Your Way Up To $25,000!*

Now's the perfect time to save when you purchase a Drees quick move-in or build to order home and finance with First Equity Mortgage. During our Spice Up Your Home Sales Event, you could upgrade your new home to include hardwood floors, quartz countertops or custom trim for your walls. Ready to get started sooner? Purchase one of our quick move-in homes and you could save on closing costs or lower your monthly payment. It's up to you!

Browse our new home communities, see what fits you and visit a Drees Market Manager to schedule a tour of your favortie floor plan. This incentive is only available until November 22, 2026.

Need to move now?

Rates starting at 5.125% (7.219% APR) your first year!**

For a limited time, Spice Up Your Home with savings that stand out. Qualified buyers could 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% (7.219% APR), than your locked-in rate.

Year 2

Your rate is 1% lower, 6.125% (7.219% APR), helping you save on your mortgage payment.

Year 3-30

Continue with your low locked-in rate of 7.125% (7.219% APR).

Start living in a home with elevated finishes, a stylish floorplan, all while taking advantage of special savings this month. Incentive ends November 22, 2026. Ask a Drees Market Manager for more details.

Find your home

*Up to $25,000 incentive is valid on firm, non-contingent purchase agreements in select Indianapolis communities accepted between October 1 - November 22, 2026, when buyer finances with First Equity Mortgage, Incorporated. Sale of quick move-in homes must close by December 22, 2026. Promotion may be used towards financing with First Equity Mortgage of Ohio, Incorporated on quick move-in homes. Promotion may be used towards structural options, Drees Design Center credit and financing with First Equity Mortgage of Ohio, Incorporated on select build-to-order floor plans. Amount of incentive on quick move-in homes and build-to-order homes varies by Drees community and floor plan. Subject to borrower qualification. Incentives exclude homes built by the Elevate by Drees Homes division. This incentive is not available with other promotions or discounts and is subject to change or withdrawal without notice. Incentive may not be substituted for cash.

**Advertised interest rate of 5.125% (7.219% APR) is valid only on firm, non-contingent purchase agreements accepted by Drees Homes in the Indianapolis 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 (7.219% APR), second year 6.125% interest rate (7.219% APR), then 7.125% interest rate (7.219% 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 of Ohio, Incorporated, is an Equal Housing Lender licensed by the Indiana Department of Financial Institutions, License #10900, NMLS #21157 (www.nmlsconsumeraccess.org). 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 promotional rate. Other restrictions may apply. Drees Homes and First Equity Mortgage of Ohio, 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 your First Equity Mortgage, Incorporated loan officer for financing details