Limited Time Opportunity
Purchase a new D.R. Horton home in any North Central Texas community, on or after May 15, 2023 and close by July 31, 2023, to be eligible for one of the following interest rates offered by DHI Mortgage:
5.25% FIXED RATE CONVENTIONAL MORTGAGE (5.730% APR)
5% Down Payment Required.
Based on a Conventional 30-Year fixed rate mortgage with a sales price of $342,000, a loan amount of $324,900, and a monthly payment of $2,721. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. SBC #9520.
4.99% FIXED RATE VA MORTGAGE (5.495% APR)
0% Down Payment Required.
Based on a VA 30-Year fixed rate mortgage with a sales price of $342,000, a loan amount of $349,353, a financed funding fee of 2.15% for first time use on VA Loan, and a monthly payment of $2,686. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. SBC #9521.
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 $342,000 a loan amount of $335,806, up front mortgage insurance premium of 1.75%, and a monthly payment of $2,764 Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs. SBC #9521.
Seller incentive available to pay the 0.875% Discount Point required for VA and FHA rates.
Seller incentive available to pay the 0.125% Discount Point required for Conventional rate.
To receive the VA and FHA interest rate, borrower is REQUIRED to pay a 0.875% Discount Point. 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.
Contact us for more information at our DHI Mortgage Office, 212 Paloma Drive, Temple, TX 76502. For more information contact DHI Mortgage Office at 254.773.7395!
Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #248308. 212 Paloma Dr., Temple, TX 76502. 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. 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. FHA = Federal Housing Administration. HOA = Home Owner’s Association. SBC = Standby Commitment. VA = U.S. Department of Veterans Affairs. USDA = U.S. Department of Agriculture. REV: 05/17/23 | Expires on the close by date listed above.