Move-in Special

Low rates starting at 4.125% (6.818% APR)!*

Are you tired of paying rent every month without building equity? Now's the time to switch gears and make the move to home ownership. Imagine a larger space, your own private, attached garage and low-maintenance living in a home that you own.

Now until May 31st, Drees Homes is offering a special incentive!

For Quick-Move-In Townhomes, you may qualify for an incredible 2/1 Buydown rate starting at just 4.125% (6.818% APR)! 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.

Set up an appointment today to learn more and schedule a tour.

Why Buy?

• Affordability: For the same or even less than your monthly rent, you can own a beautiful townhome with private attached parking!

• Tax Benefits: Say goodbye to rent hikes and hello to tax breaks! Homeownership comes with financial advantages.

• Investment: Every payment you make builds equity. It’s like saving for your future while enjoying your home.

Find your new home today!

*Advertised interest rate of 4.125% has a 6.818% Annual Percentage Rate (APR) and is valid only on firm, non-contingent purchase agreements for eligible, owner-occupied quick move-in homes accepted by Drees Custom Homes between April 23 - May 31, 2025, that close by June 30, 2025, with First Equity Mortgage, Inc.,an Equal Housing Lender, licensed by the Tennessee Department of Financial Institutions, License #109228, NMLS #21157 (www.nmlsconsumeraccess.org).

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 4.125% interest rate (6.818% APR), second year 5.125% interest rate (6.818% APR), then 6.125% interest rate (6.818% 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 FHA loan for an owner-occupied home with a sales price of $500,000 loan amount of $482,000, 680 credit score and 3.5% 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. This promotion may not be combined with any other incentives. Ask a Drees Market Manager for more details.