*1% off Interest Rate Incentive provides a 1% discount on the current interest rate offered by First Equity Mortgage Incorporated on a standard 30-year fixed-rate conventional loan after all required adjustments for any loan level, credit score, loan-to-value, or other factors (known as the “Adjusted Base Rate”) calculated at the time the buyer initially locks their interest rate. Incentive is valid on firm, non-contingent purchase agreements for owner-occupied, build-to-order single family homes or townhomes by Drees Homes between July 7 - July 31, 2025, when the buyer finances with First Equity Mortgage Incorporated, an Equal Housing Lender licensed by the Indiana Department of Financial Institutions, License #10900, NMLS #21157 (www.nmlsconsumeraccess.org). To qualify, buyer must select a 30-year fixed-rate conventional loan with a down payment of 10% or more of the home's purchase price. Buyers will lock their rate between 60 and 15 days before closing. Incentive excludes homes built by the Elevate by Drees Homes division. The 1% rate reduction is based on the seller paying the incentive in an amount equal to the discount points required to reduce the Adjusted Base Rate by 1%, calculated at the time that Buyer initially locks their interest rate. Buyers must apply all seller incentives toward discount points to buy down the interest rate. The incentive will not exceed 4.00% of the total purchase price of the home even if this amount does not ultimately result in an interest rate reduction of 1% below the Adjusted Base Rate. Buyer is not required to finance through First Equity Mortgage Incorporated to purchase a Drees Home; however, they must finance with First Equity Mortgage Incorporated to be eligible to receive advertised incentives. Incentives are subject to change or withdrawal without notice and may not be combined with any other promotion. First Equity Mortgage Incorporated is a wholly owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Fort Mitchell, KY 41017. See a Drees Homes Market Manager or a First Equity Mortgage loan officer for details.
**"Up to $32,000 in Savings" promotional claim applies to select quick-move-in homes in eligible communities. Value of savings is already reflected in home price. Amount varies by community and home.