4.99% 6.111% APR
|
5.50% 5.956% 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 $351,870, a loan amount of $345,497, up front mortgage insurance premium of 1.75%, and a monthly payment of $2,364. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs. SBC #9621. |
Based on a Conventional 30-Year fixed rate mortgage with a sales price of $351,870, and a loan amount of $334,277, and a monthly payment of $2,362. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. SBC #9620.1. |
On certain inventory homes that contract on or after 05/22/24 in North Carolina and close on or before 7/31/24.
To receive the Government interest rate, borrower is REQUIRED to pay a 2.750% Discount Point. This Discount point 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.
DISCLAIMER: **Financing offered by DHI Mortgage Company, Ltd. (DHIM). Branch NMLS #71408. 2000 Aerial Center Pkwy., Suite 109, Morrisville, NC 27560. 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 are 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. 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 = Homeowner’s Association. FHA = Federal Housing Administration. VA = U.S. Department of Veterans Affairs. USDA = U.S. Department of Agriculture. SBC = Standby Commitment. Equal Housing Opportunity.
REV: 5/24/24. Expires on 7/31/24.
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