2/1 Buydown program features a reduced interest rate for the 1st two years paid by D.r. horton!
LIMITED TIME OPPORTUNITY
Fixed Rate Conventional Mortgage
2.990%(5.435% APR)Interest rate for year 1
3.990%(5.435% APR)
Interest rate for year 2
4.990%(5.435% APR)
Interest rate for year 3-30
Interest rate for year 1
3.990%
3.990%
(5.435% APR)
Interest rate for year 2
4.990%
Interest rate for year 2
4.990%
(5.435% APR)
Interest rate for year 3-30
Interest rate for year 3-30
5% Down Payment Required
Based on a 30 Year Fixed-Rate Conventional mortgage with a sales price of $320,000, a loan amount of $304,000 and a monthly payment of $1,963. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. IRB #9442.
Take advantage of this opportunity to lower your payment for the 1st two years of your loan. You can also enjoy the confidence of having a fixed-rate loan after the 2nd year on certain inventory homes that contract between June 10 - July 30, 2022 in Alabama and close by September 30, 2022.
102 Independence Ave., Daphne, AL 36526
251-316-5449
Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #201482. 9102 Independence Ave., Daphne, AL 36526. Company NMLS #14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit www.dhimortgage.com/affiliate/. All terms and conditions subject to credit approval, market conditions and availability. D.R. Horton has locked-in, through DHIM, a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires. INTEREST RATE OFFERED APPLIES ONLY TO the D.R. Horton family of brand properties purchased as borrower’s principal residence. Not all borrowers will qualify for said rate. Rate is not applicable for all credit profiles. Restrictions apply. Buyer is not required to finance through DHIM to purchase a home; however, buyer must use DHIM to receive the advertised rate. Additional closing costs will apply. Please contact your Mortgage Loan Originator for complete eligibility requirements. Maximum contribution limits will apply. May not be able to be combined with other available D.R. Horton offers or discounts. Contact a D.R. Horton sales representative for more information and for a list of available homes. Property restrictions apply. Equal Housing Opportunity. APR = Annual Percentage Rate. HOA = Home Owner's association. IRB = Interest Rate Buydown. REV: 6/10/22 / EXP: 09/30/22