3.5% down payment required. Based on a FHA 30-Year fixed rate mortgage with a sales price of $240,000, a loan amount of $235,653, and purchase requires down payment of 3.5%. Based on an upfront mortgage insurance premium of 1.75%. FHA = Federal Housing Administration. IRB #9360.
On certain inventory homes that contract on or after 9/25/2020 in Indiana and close on or before 12/31/2020.
2.750% fixed rate conventional mortgage
5% down payment required.
Based on a Conventional 30-Year fixed rate mortgage with a sales price of $240,000, and a loan amount of $228,000. IRB #9363.
On certain inventory homes that contract on or after 10/16/2020 in Indiana and close on or before 1/29/2021.
Financing offered by DHI Mortgage Company Ltd., Limited Partnership (DHIM). 9292 N. Meridian St., Suite 175, Indianapolis, IN 46260. Company NMLS #14622. DHIM is an affiliate of D.R. Horton. For more information about DHIM Licensing and its affiliation with D.R. Horton, 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 new 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 sales representative for more information and for a list of available homes. Property restrictions apply. Equal Housing Opportunity. APR = Annual Percentage Rate. Rev: October 16, 2020 / Expires on the close by dates listed above.