Based on a Conventional 30-Year fixed rate mortgage with a sales price of $380,000, a loan amount of $361,000, a monthly payment of $2,678 and purchase requires down payment of 5%. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. IRB #9436.
4.750% fixed rate government mortgage
3.5% down payment required.
Based on a FHA 30-Year fixed rate mortgage with a sales price of $380,000, a loan amount of $373,117 a monthly payment of $2,830 and purchase requires down payment of 3.5%. Based on an upfront mortgage insurance premium of 1.75%. FHA = Federal Housing Administration. Total monthly payment includes principal, interest and estimated taxes, insurance, mortgage insurance, Homeowners Association dues. Rate available for VA and USDA loan programs IRB# 9435
ON CERTAIN INVENTORY HOMES THAT CONTRACT ON OR AFTER 5/02/22 IN NORTH CAROLINA AND CLOSE ON OR BEFORE 7/29/22.
Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #1008392. 114 Edgewater Way, Surf City, NC 28445. 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 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. HOA = Homeowner’s Association. FHA = Federal Housing Administration. VA = U.S. Department of Veterans Affairs. USDA = U.S. Department of Agriculture. IRB = Interest Rate Buydown. APR = Annual Percentage Rate. Rev: 4/29/22 | Expires on the close by date listed above.