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Looking to Buy Soon?

Rates starting at 4.49% (6.572% APR)*

In 2025, strive for better health, success, and a new address from Drees! Now you can take advantage of rates starting at 4.49% (6.572% APR) and enjoy a 2-1 buydown on your loan when you finance with our trusted partner, First Equity Mortgage, Inc.
 
How does this work? With a 2-1 buydown on a fixed-rate mortgage loan, in year one, your payments will be based on a rate that's 2% lower than your original locked-in rate. In year two, your payments are 1% lower than your original locked-in rate. In years 3-30, your mortgage rate will be the full locked-in rate. Drees covers the difference between what your payment typically would be and the adjusted bought-down rate.
 
Hurry, this offer only lasts until January 31, 2025!
Looking to Build?

Save up to $20,000 on your new home!**

Right now, we're making it EASY to build your new custom home. Drees is offering up to $20,000 to qualified buyers in FlexCash when you finance with First Equity Mortgage. You could use these funds towards Design Center upgrades, closing costs or financial assistance. Think of all the ways you and your family could benefit! Upgrade your cabinets, install a walk-in shower or lay down hardwood floors. You could also use it towards financing your home at closing.
 
Don't wait - this special incentive only last until February 28, 2025.
*The 4.49% (6.572% APR) interest rate incentive is based on a 2-1 buydown of a conventional fixed-rate loan and is valid on firm, non-contingent, owner-occupied home purchase agreements accepted by Drees Homes between January 1-31, 2025, that close with First Equity Mortgage by February 28, 2025. Excludes Elevate by Drees and townhomes.
 
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 4.49% interest rate (6.572% APR Annual Percentage Rate, or APR), second year 5.49% interest rate (6.572% APR), then 6.49% interest rate (6.572% APR) for the remaining 28 years. The APR does not consider any other loan specific finance charges you may be required to pay. Example shows a 30-year conventional loan for an owner-occupied home with a sales price of $500,000, loan amount of $400,000, 760 credit score and 20% down payment. Loan products are subject to standard qualifications and credit approval. Government and adjustable-rate mortgages are not eligible for this program. The 2-1 buydown option is available on Jumbo loans but at a different interest rate. Rates, terms and conditions are subject to change or withdrawal without notice.
 
Buyer is not required to finance through First Equity Mortgage to purchase a Drees Home; however, buyer must use First Equity Mortgage Inc., an Equal Housing Lender licensed by the Indiana Department of Financial Institutions, License #10900, NMLS #21157,(www.nmlsconsumeraccess.org). to receive the 2-1 buydown option. 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.
 
**Up to $20,000 in finanical assistance or Design Center credit incentive is valid on firm, non-contingent purchase agreements accepted between Februrary 1-28, 2025, on build-to-order homes in the Indianapolis area when buyer finances with First Equity Mortgage Inc., 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 Inc. to purchase a Drees Custom Home; however, they must use First Equity Mortgage Inc. to receive this incentive. Excludes homes built by the Elevate by Drees division. Subject to borrower qualification. Amount of incentive varies by community and plan. This incentive is not available with other promotions or discounts and is subject to change or withdrawal without notice. Other restrictions may apply. See your Drees Homes 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.