5.75%* For a Limited Time!
August 25, 2023
Kansas City Only Market Only
Summit Homes and Silverton Mortgage share a deep commitment to helping people find their next home. We know everyone's situation is different. That is why we have a range of options available to help you find the best Summit home for your unique needs. With interest rates fluctuating, we wanted to find an additional solution that would offer our buyers true peace of mind. And that's exactly what we've done.
We are thrilled to offer a unique opportunity to lock in a lower interest rate at 5.75%* to save hundreds of dollars each month and thousands over the life of the loan. Yes, you read that right. A 5.75%* interest rate - it’s a deal of a lifetime! Here's how it works:
- Select one of our gorgeous move-in-ready homes and close within 30 days or by 4/27/2024.
- Partner with Silverton Mortgage and lock in a 30-year mortgage at a rate of 5.75%*
Thanks to our Berkshire Hathaway affiliation and close partnership with Silverton Mortgage, we are able to offer this extraordinary opportunity to help you achieve your dream of homeownership. Summit Homes celebrated its 20th anniversary, and we're here for the long haul, no matter what the market may bring. Our unwavering goal is to provide exceptional communities and innovative homes, always with our customers' experience front and center. By offering this opportunity, we are proud to grow our Summit family and continue to provide the very best home-buying experience to all.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
*Contact your Summit Homes sales manager for a list of eligible homes. Contract written on or after 08/23/2023. Loan must close before 04/27/2024. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires. Example of 75% LTV (25% Cash Down) Conventional Loan Program with $400,000 sales price. $300,000.00 loan amount - 30-year fixed rate loan with no discount points based on 360 monthly payments at $1,750.72 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. 25% cash down payment of $100,000 required. Example assumes 780 credit score and includes $1,425 origination fee, 5.842% APR, and 5.75% interest rate as of 08/23/2023. Other loan-to-value & credit score options are available at additional cost to the homebuyer. Rate, fees, other charges and terms subject to change. Available loan programs
and terms will vary by state. Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS #1561, (http://www.nmlsconsumeraccess.org). Licensing information: https://silvertonmortgage.com/licensing/. All information is believed accurate and is subject to change without notice. 09/2023