Based on a conventional 30-year fixed rate mortgage with a sales price of $225,000, a loan amount of $202,500, and purchase requires down payment of 10%.
3.250% fixed rate government mortgage
4.305% APR 3.5% Down payment required
Based on FHA 30-year fixed rate mortgage with a sales price of $225,000, a loan amount of $220,924, and purchase requires down payment of 3.5%. Based on an upfront mortgage insurance premium of 1.75%. FHA= federal housing administration.
7856 Westside Park Drive STE D
Mobile, AL 36695
Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #1745116. 7856 Westside Park Dr., Suite D, Mobile, AL 36695. Company NMLS #14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM and its licensing please visit http://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. May not be able to be combined with other available D.R. Horton offers or discounts. Contact a D.R. Horton Community Specialist for more information and for a list of available homes. Property restrictions apply. Equal Housing Opportunity. APR = Annual Percentage Rate. Rev: Jun 07, 2019 / Expires on the close by date listed above.