* Loan promotions are valid for new buyers who sign purchase agreements on select homes with Richmond American Homes between July 29, 2025, and August 4, 2025, inclusive, and close on or before September 30, 2025, when financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). Funds are limited and are available on a first-come, first-served basis. This offer can be used with other national or community-level incentives, but the total promotion amounts provided for using HomeAmerican Mortgage Corporation are subject to legal and loan program requirements and limitations. Example is based on a sales price of $555,000 and a 30-year, 5/1 adjustable-rate FHA mortgage with an initial interest rate of 3.750% (monthly payments 1-64) (5.770% APR). Subsequent rate changes in months 65-360 are based on the fully indexed rate which is 7.125% as of July 1, 2025. APR is subject to increase or decrease after closing. Interest rates after the initial period are based on rates in effect as of July 1, 2025, and are subject to change. The total loan amount including the upfront mortgage insurance premium is $544,947. 3.5% down payment required. Monthly principal and interest payments for the first five years = $2,523.73. After the first five years, the principal and interest payments adjust every 12 months based on the 1-year Constant Maturity Treasury (CMT) Index plus a 2.0% margin. The initial interest rate is the rate that appears on the promissory note and is the rate on which the monthly payment is based for the first 64 months. The fully indexed rate is the total of the margin + the index value. This value changes with the market and is used to determine the payment rate on each change date. The payment rate is the interest rate on which the monthly payment is based. Maximum rate increase on first interest rate change date is 1%. Maximum rate increase on subsequent rate change dates is 1%. Maximum rate increase over 30 years is 5%. In this example the maximum interest rate is 8.750%. The maximum payment amount is $3,920.95. Interest rates after the initial period are based on the index in effect as of July 1, 2025 (4.323%). Taxes, hazard insurance and monthly mortgage insurance premiums are not calculated in the above payment. Actual payment will be higher and may vary over the life of the loan. 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, the lesser of the FHA county loan limits or a maximum loan amount of $806,500, qualification using full documentation and a minimum FICO score of 680. In New Mexico, adjustable-rate loans must qualify at the fully indexed rate. Interest rate is not guaranteed and is subject to change without notice. Not valid on loans already locked with HomeAmerican Mortgage Corporation.
** Loan promotions are valid for new buyers who sign purchase agreements on select homes with Richmond American Homes between July 29, 2025, and August 4, 2025, inclusive, and close on or before September 30, 2025, when financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). Funds are limited and are available on a first-come, first-served basis. This offer can be used with other national or community-level incentives, but the total promotion amounts provided for using HomeAmerican Mortgage Corporation are subject to legal and loan program requirements and limitations. Example is based on a sales price of $555,000 and a 30-year, 5/1 adjustable-rate VA mortgage with an initial interest rate of 3.750% (monthly payments 1-64) (5.770% APR). Subsequent rate changes in months 65-360 are based on the fully indexed rate which is 7.125% as of July 1, 2025. APR is subject to increase or decrease after closing. Interest rates after the initial period are based on rates in effect as of July 1, 2025, and are subject to change. The total loan amount including the VA funding fee is $573,315. 0% down payment required. Veterans who do not have full entitlement may have to make a down payment. Monthly principal and interest payments for the first 64 months = $2,655.11. After the first five years, the principal and interest payments adjust every 12 months based on the 1-year Constant Maturity Treasury (CMT) Index plus a 2.0% margin. The initial interest rate is the rate that appears on the promissory note and is the rate on which the monthly payment is based for the first five years. The fully indexed rate is the total of the margin + the index value. This value changes with the market and is used to determine the payment rate on each change date. The payment rate is the interest rate on which the monthly payment is based. Maximum rate increase on first interest rate change date is 1%. Maximum rate increase on subsequent rate change dates is 1%. Maximum rate increase over 30 years is 5%. In this example the maximum interest rate is 8.750%. The maximum payment amount is $4,125.05. Interest rates after the initial period are based on the index in effect as of July 1, 2025 (4.323%). Taxes and hazard insurance are not calculated in the above payment. Actual payment will be higher and may vary over the life of the loan. Financing is available to owner occupants who are qualified to participate in mortgage loan programs offered by the Department of Veterans Affairs only and is subject to availability, a debt-to-income ratio of 43% or less, a maximum 90% loan-to-value ratio, VA maximum loan limits, qualification using full documentation and a minimum FICO score of 680. In New Mexico, adjustable-rate loans must qualify at the fully indexed rate. Interest rate is not guaranteed and is subject to change without notice. Not valid on loans already locked with HomeAmerican Mortgage Corporation.
HomeAmerican Mortgage Corporation’s principal offices are located at 4350 S. Monaco Street, Suite 100, Denver, CO 80237. HomeAmerican Mortgage Corporation (NMLS Unique Identifier #130676; NMLS Consumer Access website: http://www.nmlsconsumeraccess.org), 866.400.7126. Arizona Mortgage Banker license #0009265. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. In Nevada, all advertised loans are offered and funded by HomeAmerican Mortgage Corporation, which can be contacted at 770 E. Warm Springs Road, Suite 250B, Las Vegas, NV 89119, 702.638.4450, License #67. Oregon License # ML-5694.
©2025 Richmond American Homes; Richmond American Homes of Arizona, Inc. (a public report is available on the state real estate department’s website), Richmond American Construction, Inc. ROC #206612; Richmond American Homes of Maryland, Inc., California Department of Real Estate – Real Estate Broker, Corporation License Number 01842595; Richmond American Homes of Colorado, Inc.; Richmond American Homes of Florida, LP, CGC1519936; Richmond American Homes of Nevada, Inc., Nevada Contractor License #0026417; Richmond American Homes of New Mexico, Inc., Richmond American Construction NM, Inc.; Richmond American Homes of Oregon, Inc., CCB #218193; Richmond American Homes of Tennessee, Inc.; Richmond American Homes of Washington, Inc.
