Offer for closing cost or lowering interest rate is available on select ready to move in homes when a purchase agreement is signed between 9.15.24 and 9.30.24 and closed by 11.30.24. Offer is subject to certain terms, conditions and restrictions. Visit the sales team at your community of choice for specific details. Interest rate is available through Olthof Homes Lender Partner only. Available while supplies last.
Contact us to learn more while this rate is still available!
In the event the purchaser has selected a single family, villa or paired villa home that is complete or scheduled to be complete by 11.23.24 and will close by 11.30.24, Olthof Homes will make this offer available. Purchaser is free to use any lender he/she likes, however, the promotional rate is only available with a mortgage loan obtained through the designated Olthof Homes Lender Partner for this promotion. Purchaser is not required to use the designated Lender Partner for a final mortgage loan commitment. Purchaser is free to shop around and determine that he/she is receiving the best services and best rate for those services. Olthof Homes does not have an ownership interest in or an affiliation with the designated Lender Partner and is not receiving any consideration from the Lender Partner in connection with this program. Olthof Homes reserves the right to change or withdraw any offer at any time. 30-year fixed rate of 4.75% (5.535% APR) is an FHA rate based on a home price of $300,000 with 5% down and a minimum 680 credit score, owner occupied. Actual rate will vary based on credit score, loan program, down payment percentage, occupancy type, home style and purchase price. Rates may change or funds may be exhausted at the time of loan commitment, lock-in or closing. Purchaser must lock in rate within 5 days of signing the purchase agreement. Purchaser is subject to qualifications for specific loan terms, occupancy, down payment, credit and underwriting requirements, and /or investor program guidelines. Not an offer to enter into an interest rate or discount point agreement and any such agreement may only be made in writing signed by both the borrower and the lender.
Or, Purchaser may select up to $8,000 in financing costs, prepaids or rate buydown contribution promotion. Purchaser shall receive 1% of their total loan amount as a lender paid closing credit from an Olthof Homes Lender Partner, and an additional 1.5% of the total purchase price from Olthof Homes in the form of a seller paid closing credit. Purchaser is free to use any lender they prefer; however, the lender credit stated herein is exclusively available with a mortgage loan obtained through an Olthof Homes Lender Partner for this promotion. Purchaser is not required to use the Lender Partners for a final mortgage loan commitment and is free to shop around to determine that they are receiving the best service and rates available for those services. Olthof Homes does not have an ownership interest in or an affiliation with the Lender Partners and is not receiving any consideration from the Lender Partners in connection with this program. Olthof Homes reserves the right to change or withdraw any offer at any time.