New Home Promotion in WDC | Smart Start Savings Event

Need to move now?

Rates starting at 3.125% (6.913% APR) your first year!*

For a limited time, the Smart Start Savings Event brings together beautiful homes and big savings! Qualified buyers could take advantage of a great special rate on a 3-2-1 buydown option when financing a quick move-in home with First Equity Mortgage.

How does a 3-2-1 buydown work?

Year 1

Save big on your first year with an interest rate 3% lower, 3.125% / (6.913% APR) than your locked-in rate.

Year 2

Your rate is 2% lower, 4.125% / (6.913% APR) helping you save on your mortgage payment.

Year 3

Your rate is 1% lower, 5.125% / (6.913% APR) keeping your monthly payments low.

Year 4-30

Continue with your locked-in rate of 6.125% / (6.913% APR), ensuring predictable payments.

Start living in a home with elevated finishes, a stylish floorplan and expert craftsmanship; all while taking advantage of special savings this month. Hurry, this promotion ends September 30, 2026!

Find your home

*Advertised interest rate of 3.125% (6.913% APR) is valid only on firm, non-contingent purchase agreements for eligible, owner-occupied quick move-in homes accepted between September 1-30, 2026, by Drees Homes in the Washington D.C. area, and close by October 31, 2026, with First Equity Mortgage of Ohio, Incorporated. With the advertised rate, borrower payments for the first year will be based on an interest rate of 3% below the current market rate on an FHA mortgage. The second year’s payments will be based on an interest rate 2% below the current market rate on an FHA mortgage. The third year's payments will be based on an interest rate 1% below the current market rate on an FHA mortgage. In years 4-30, payments will be based on the original locked-in rate. For example, in the first year, borrower payments will be based on a 3.125% interest rate (6.913% APR), second year 4.125% interest rate (6.913% APR), third year 5.125% interest rate (6.913% APR), then 6.125% interest rate (6.913% APR) for the remaining 27 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 $700,000, 680 credit score and 3.5% down payment. Subject to standard qualifications and credit approval. Adjustable-rate mortgages are not eligible. The 3-2-1 buydown option is available on Jumbo loans but at a different interest rate.

Buyer is not required to finance through First Equity Mortgage of Ohio, Incorporated to purchase a Drees Home; however, they must finance with First Equity Mortgage of Ohio, Incorporated to be eligible to receive advertised incentives. Incentives are subject to change or withdrawal without notice and may not be combined with any other promotions. First Equity Mortgage of Ohio, Incorporated is an Equal Housing Lender licensed by the Virginia State Corporation Commission, License #MC2759, NMLS ID #21157 (www.nmlsconsumeraccess.org) and a wholly owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Fort Mitchell, KY 41017. See a Drees Homes Market Manager or a First Equity Mortgage loan officer for details.