There's no better time to buy a new home than right now with Drees Custom Homes! For a limited time, qualified buyers could receive an amazing low rate of 2.99% (6.798% APR) during year one on an FHA mortgage, with First Equity Mortgage's new 3-2-1 buydown promotion!
How does a 3-2-1 buydown work?
• Year 1: Enjoy payments based on an interest rate 3% lower 2.99% / (6.798% APR) than your locked-in rate.
• Year 2: Your rate is 2% lower, 3.99% / (6.798% APR) helping you save on your mortgage payment.
• Year 3: Your rate is 1% lower, 4.99% (6.798% APR), keeping your monthly payments low.
• Years 4–30: Continue with your locked-in rate of 5.99% (6.798% APR), ensuring predictable payments.
If you've had your eye on a new home, now's the time to start packing. With an FHA loan you can purchase a home with a lower down payment of just 3.5%. Hurry, this limited-time promotion ends August 31!