Make your 2024 dreams come true! Drees has new homes ready now! Take advantage of limited- time, below-market conventional loan financing of 5.99% (6.032% APR) when you purchase a select Drees home by December 31, 2023 and close by January 31, 2024 with First Equity Mortgage.
Imagine spending the holidays in your very own cozy retreat, where every moment is a memory in the making. Unwrap the year-end savings you deserve and make your holidays truly special.
Receive up to $25,000 in flexible financing assistance to lower your monthly payment when you contract to build a Drees home before December 31, 2023, and finance with our preferred lender, First Equity Mortgage.
*Example for a 2-1 buydown on a 30-year conventional fixed rate mortgage: in the first year, borrower payments will be based on a 3.99% interest rate, second year 4.99% interest rate, then 5.99% interest rate (6.032% 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. Contact your First Equity Mortgage loan officer for details. Rates, terms and conditions are subject to change or withdrawal without notice.
The 2-1 buydown is valid on firm, non-contingent purchase agreements for select owner-occupied, quick move-in homes on purchase contracts that have been accepted by Drees Homes between February 1-29, 2024. Home must close with First Equity Mortgage by March 29, 2024. Subject to buyer qualification.
Buyer is not required to finance through First Equity Mortgage to purchase a Drees Home; however, buyer must use First Equity Mortgage 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.
**Up to $25,000 finance assistance incentive is valid on firm, non-contingent purchase agreements accepted between February 1-29, 2024, on build-to-order and select quick-move-in homes in the Washington, D. C., area when buyer finances with First Equity Mortgage, Inc., an Equal Housing Lender licensed by the Virginia State Corporation Commission, License #MC-2759; NMLS# 21157. Subject to borrower qualification. Amount of incentive varies by Drees community and plan. 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 market manager or First Equity Mortgage loan officer. First Equity Mortgage, Incorporated is a wholly-owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017.
See First Equity Mortgage loan officer for details. For First Equity Mortgage Licensing information, click here.