*Advertised FHA interest rate of 4.99% has a 5.76% ANNUAL PERCENTAGE RATE (APR) based on an FHA 30-year fixed rate mortgage on an owner-occupied one-unit home with a sales price of $400,000, 640 credit score and 3.5% down payment. The APR does not consider any other loan specific finance charges you may be required to pay. FHA fixed rate loans only; conventional, conventional high balance, VA, USDA, adjustable rate and jumbo loans are excluded. Subject to full credit approval. Availability of advertised rate is limited and is on a first come, first serve basis and only available until commitment pool is filled. Some buyers may not qualify for this loan or this rate.
Rate valid only on firm, non-contingent purchase agreements for eligible, owner-occupied one-unit homes accepted by Drees Homes between December 1-31, 2024, and the home closes by January 31, 2025 with First Equity Mortgage, Inc., an equal housing lender licensed by the Virginia State Corporation Commission, License #MC2759, NMLS ID #21157 (www.nmlsconsumeraccess.org). Buyer is not required to finance through First Equity Mortgage Inc. to purchase a Drees Home; however, they must use First Equity Mortgage Inc. to receive this promotional rate. Other restrictions may apply. Drees Homes and First Equity Mortgage, Inc. reserve the right to modify and/or terminate the promotion at any time. First Equity Mortgage Inc. is a wholly owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017. Contact your First Equity Mortgage Inc. loan officer for details.
**Up to $25,000 finance assistance incentive is valid on firm, non-contingent purchase agreements accepted between December 1-31, 2024, on select single family build-to-order 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 (www.nmlsconsumeraccess.org). Subject to borrower qualification. Amount of incentive varies by Drees community and plan. May be used for financing assistance (closing costs and/or buying down the interest rate). This Incentive is not available with other promotions or discounts, does not apply to townhomes, condominiums and 2-over-2 homes. Subject to change or withdrawal without notice. Other restrictions may apply. See your Drees market manager for details. First Equity Mortgage, Incorporated is a wholly-owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Ft. Mitchell, KY 41017.