4.50% |
5.88% |
5.580%APR |
6.405%APR |
Fixed Rate FHA Mortgage |
Fixed Rate Conventional Mortgage |
3.5% down payment required. |
5% down payment required. |
Based on a FHA 30-Year fixed rate mortgage with a sales price of $309,900, a loan amount of $304,287, up front mortgage insurance premium of 1.75%, and a monthly payment of $1,977. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs. SBC #9649. |
Based on a Conventional 30-Year fixed rate mortgage with a sales price of $309,900, and a loan amount of $294,405, and a monthly payment of $2,138. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. SBC #9644 |
On certain inventory homes that contract on or after 07/10/24 in Alabama and close on or before 08/30/24.
Contact us for more information |
DHI Mortgage |
D.R. Horton |
22500 Town Center Ave, Suite 102
Spanish Fort, AL 36527 |
drhorton.com |
Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #201482. 22500 Town Center Ave, Suite 102, Spanish Fort, AL 36527. 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. Rate is not applicable for all credit profiles and may require borrower to pay points to obtain the advertised rate. 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. Offer is valid for new contracts for certain inventory homes in the qualifying Baldwin County DR Horton communities that are written and ratified on or after 7/10/24 and close no later than 8/30/24. Offer subject to change without notice, redeemable only at closing and is not redeemable for cash or credit against purchase price. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Property restrictions apply. Photos are representational only. Equal Housing Opportunity. APR=Annual Percentage Rate. HOA=Homeowner’s Association. FHA=Federal Housing Administration. VA=U.S. Department of Veterans Affairs. USDA=U.S. Department of Agriculture. SBC=Standby Commitment. REV: 07/11/24 | Expires on the close by date listed above.
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