Oleander and Mahogany at Gateway
Why wait?
Buy now and get special low rates
5.25% (6.301 APR) 3o year Fixed Interest Rate
Act Now! Find out how you can take advantage of this special offer!
Offer valid on Select Move-in Ready Homes
Oleander
The Lilac Plan
Lot 140 Price $669,950
FHA 5.25% (6.301 APR) - 3.5% Down ($23,450)
PERMANENT RATE FOR YEARS 1-30 IS 5.25% AND IS BASED ON A 680 CREDIT SCORE AND 3.5% ($23,450) DOWN PAYMENT. THE PRINCIPAL AND INTEREST PAYMENT ON A $657,814, 30-YEAR FIXED-RATE LOAN AT 5.25% AND 96.5% LOAN-TO-VALUE (LTV) IS $3632 WITH AN ESTIMATED buyer paid DISCOUNT POINT OF UP TO 1%. THE ANNUAL PERCENTAGE RATE (APR) IS 6.301%. THE PRINCIPAL AND INTEREST PAYMENTS WILL CONTINUE FOR 360 MONTHS UNTIL PAID IN FULL. QUOTE INCLUDES MORTGAGE INSURANCE OF $294, TAXES OF $647 AND HOME INSURANCE PREMIUMS $100, WHICH WILL RESULT IN A TOTAL MONTHLY PAYMENT OF $4674. RATES ARE CURRENT AS OF 12/9/24 AND ARE SUBJECT TO CHANGE. Loan promotions are for qualified home buyers who sign purchase agreements on select homes with FCB Homes and close on or before January 30, 2024, when financing is provided by Coast Home Loans (see licensing information below*). The interest rate is not guaranteed and is subject to change without notice. The rate above is based on the application of 100% of seller-paid closing cost assistance applied to obtain a permanent interest rate buydown. The actual amount of closing cost assistance cannot exceed the buyer’s actual closing costs. This interest rate is available to owner occupants only and is subject to availability, the specified loan-to-value ratio, a maximum FHA loan amount, qualification using full documentation and a minimum FICO score of 680. Other loan-to-value ratios, FICO scores, second homes and investment properties may be eligible but may be subject to rate and price adjustments.
*LICENSED BY THE CALIFORNIA DEPARTMENT OF REAL ESTATE, DRE LICENSE #02050654, NMLS #1689518, BLAKE EAGAL, NMLS 250496.