Important Legal Disclosures and Information
- Rates, terms and conditions offered are subject to change without notice. All loans are subject to credit approval and program guidelines.
- Temporary Buydown option available for purchase of primary residence only. Borrower must qualify at the Note Rate to be eligible for Temporary Buydown.
- Buydown funds shall be applied monthly in an amount equal to the amount necessary to reduce the Borrower’s monthly principal and interest payments during the Buydown Period by the difference between (i) the monthly payments set forth in the Note that are based on the fixed interest rate set forth in the Note and (ii) the reduced monthly payments based on a lesser interest rate as set forth in the agreement. After Buydown Period ends, payments are based on the Note Interest Rate.
- 3-2-1 buydown only available on standard 30 year conventional and VA fixed mortgage programs.
- Monthly Payment amount based on an example loan amount of $332,000 and a 30-year fixed rate at 7.125% (7.48% Annual Percentage Rate). Estimated monthly payments shown include principal and interest but does not include monthly installment for taxes, property insurance or mortgage insurance. Your actual Annual Percentage Rate may vary based on creditworthiness, loan amount and loan term.