At 3.375% (3.931% APR), based on the Amethyst plan at Seasons at Thoroughbred Acres, monthly payments start as low as $1,690 with a 30-year, fixed-rate conventional loan from HomeAmerican Mortgage Corporation**
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 in the Sacramento area this month to enjoy closing cost assistance.
For homes financed through
* For new buyers on new contracts signed by June 30, 2021. 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.
** Financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). Estimated monthly payment is based on a sales price of $423,950 and a 30-year, conventional fixed-rate loan with an interest rate of 3.375% and a 10.000% down payment. The total loan amount is $381,555. Monthly principal and interest payment = $1,686.84. APR = 3.931%. Taxes, hazard insurance and mortgage insurance premiums 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 and qualification using full documentation. Jumbo financing is subject to a maximum 80% loan-to-value ratio and a minimum FICO score of 730. Conventional financing is subject to a maximum 90% loan-to-value ratio, conventional maximum loan limits and a minimum FICO score of 720. Interest rate is not guaranteed and is subject to change without notice.
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 Financial Protection and Innovation 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.
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