It's a new year. Isn't it time for a new home that fits the way you live today?
Act now and you could save thousands on closing costs and take advantage of super-low rates.
You may be surprised by how much home you can afford!
At 2.750% (3.797% APR), based on the Boston plan at Prelude at Cadence, monthly payments start as low as $1,180 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.
* Financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). Estimated monthly payment is based on a sales price of $291,950 and a 30-year, FHA fixed-rate loan with an interest rate of 2.750% and a 3.500% down payment. The total loan amount is $286,662. Monthly principal and interest payment = $1,170.27. APR = 3.797%. 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, 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 January 1 and January 31, 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.
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. In Nevada, all advertised loans are offered and funded by HomeAmerican Mortgage Corporation, 7770 S. Dean Martin Drive, Suite 308, Las Vegas, NV 89139, 702.638.4450, License #67.
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.
©2021 Richmond American Homes. In Nevada, homes are offered by Richmond American Homes of Nevada, Inc. (Nevada Contractor License #0026417)