What do you get when you combine super-low mortgage rates, competitive home prices and thousands in paid closing costs?
Compare your current housing costs to what you could be paying on a brand-new home that's built your way:
At today's rates (based on the Amethyst plan at Seasons at Thoroughbred Acres), monthly payments on our Sacramento-area homes start as low as $1,280 with a 30-year, fixed-rate FHA loan from HomeAmerican Mortgage*
Estimated monthly principal and interest payment. Taxes, hazard insurance and monthly mortgage insurance premiums are not calculated in the above payment. Actual payment will be higher.
Contract on a home at that price this month and you'll enjoy at least $10,000 in closing cost assistance!** Shopping higher price points? You'll save even more!
For homes financed through
Download your savings certificate now and present it to your sales associate when you're ready to buy!
* Financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). Estimated monthly payment is based on a sales price of $339,950 and a 30-year, FHA fixed-rate loan with an interest rate of 2.250% and a 3.500% down payment. The total loan amount is $333,793. Monthly principal and interest payment = $1,275.91. APR = 3.286%. Taxes and hazard insurance are not included in the above monthly payment example and actual payment will be higher. Financing is available to owner occupants only and is subject to availability, a debt-to-income ratio of 43% or less, a maximum 96.5% loan-to-value ratio, FHA maximum loan limits, qualification using full documentation and a minimum FICO score of 640. Interest rate is not guaranteed and is subject to change without notice.
** For new buyers on new contracts signed between August 1 and August 31, 2020. Participating Richmond American Homes companies will pay buyer's actual closing costs, up to 3% of the base price of the home, when financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). Additional incentives may be available and vary by community, but closing cost assistance and other incentives, when combined, may not exceed 3% of the base price of the home. Closing cost assistance is subject to legal and loan program requirements and limitations. Buyer must pay all prepaids. Actual amount cannot exceed buyer's actual closing costs. Visit a Sales Center for community-specific details and limitations.
HomeAmerican Mortgage Corporation's principal offices are located at 5775 DTC Boulevard, Suite 300S, Greenwood Village, CO 80111 (NMLS Unique Identifier #130676; NMLS Consumer Access website: http://www.nmlsconsumeraccess.org), 866.400.7126. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act.
The Richmond American Homes companies (RAH) and HomeAmerican Mortgage Corporation (HMC) are owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. RAH and HMC offer services independently of each other, and if you obtain a product or service from one company, you are not required to utilize the services of, or obtain products from, the other company. Your decision to use a company that is not affiliated with RAH or HMC will not affect your ability to obtain products and services from these companies.
©2020 Richmond American Homes, Richmond American Homes of Maryland, Inc., California Department of Real Estate – Real Estate Broker, Corporation License Number 01842595.