SPECIAL INTEREST RATE
LIMITED TIME OPPORTUNITY
4.99%
fixed rate FHA mortgage
5.927% APR
3.5% down payment required.
Based on a FHA 30-Year fixed rate mortgage with a sales price of $351,467, a loan amount of $345,101, up front mortgage insurance premium of 1.75% and a monthly payment of $2,519. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA & USDA loan programs. SBC #9521.
On certain inventory homes in the Indianapolis division that contract on or after 5/15/2023 in Indiana and close on or before 7/31/2023. Seller incentive available to pay the 0.875% Discount Point required for Government rate.
To receive the Government interest rate, borrower is REQUIRED to pay a 0.875% Discount Point. Discount points may be paid with seller financing incentive offered to the borrower, which will be represented on the Closing Disclosure as a seller’s cost. Maximum contribution limits will apply.
5.25% fixed rate conventional mortgage
5.630% APR
5% down payment required.
Based on a Conventional 30-Year fixed rate mortgage with a sales price of $351,467, a loan amount of $333,894, and a monthly payment of $2,433. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. SBC#9520.
On certain inventory homes in the Indianapolis division that contract on or after 5/15/2023 in Indiana and close on or before 7/31/2023. Seller incentive available to pay the 0.125% Discount Point required for Conventional rate.
To receive the Conventional interest rate, borrower is REQUIRED to pay a 0.125% Discount Point. Discount points may be paid with seller financing incentive offered to the borrower, which will be represented on the Closing Disclosure as a seller’s cost. Maximum contribution limits will apply.
Financing offered by DHI
Mortgage Company Ltd., Limited Partnership (DHIM). Branch NMLS 2426903. 9292 N.
Meridian St., Suite 100, 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. Debt-to-income ratio may impact the terms/cost of the loan. 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. HOA=Homeowners' Association. FHA=Federal Housing
Administration. VA=U.S. Department of Veterans Affairs. USDA=U.S. Department of
Agriculture. SBC = Standby Commitment Rev: 5/15/2023 / Expires on the close by
dates listed above.