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5.99% Interest Rate

January 8, 2024

Limited Time Offer - expires 2/29/24

Are you ready to make your dream home a reality? We're thrilled to introduce an exclusive limited-time offer that brings you one step closer to the home you've always wanted.

🏡 5.99% Interest Rate on Conventional Loans: Take advantage of a remarkable 5.99% interest rate on conventional loans on 9 select homes that can all close in February or March - just in time for Spring Break and Summer's in our community pools! We understand that securing favorable financing is crucial, and we're excited to offer you this competitive rate! Get pre approved today with our partner lender, Silverton Mortgage!

💰 Only 1% Earnest Money Deposit (EMD): We understand that every penny counts. To make the homebuying process even more accessible, we're offering a special 1% Earnest Money Deposit (EMD) on these 9 select homes. This means you can reserve your dream home with a minimal upfront investment.

🌟 Contingent Offer Consideration: Worried about selling your current home before moving into your new one? We've got you covered. The 9 homes included in this promotion are eligible for contingent offer consideration, providing you with flexibility and peace of mind during the transition. *Contingency consideration only valid until January 31st

Don't miss out on this incredible opportunity to turn your homeownership dreams into reality. These 9 select homes won't last long, so act fast to secure your place in one of our stunning Summit Homes communities.

Get in touch today to learn more about the promotion and schedule a tour of these fast-selling homes. 

CONNECT WITH A COMMUNITY MANAGER

Select Available Homes

Newhaven in Highland Meadows, $654,950

Somerset in Hawthorn Ridge Care-Free, $494,950

Cypress in Hawthorn Ridge Care-Free, $484,950

Sunflower in Highland Meadows, $559,950

Moorefield in Highland Meadows, $584,950

Charleston in Highland Meadows, $619,950 

Cypress in Hawthorn Ridge Care-Free, $504,950

Lincoln in Southpointe, $519,950

Carbondale in Southpointe, $539,950

ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
Promotion available for purchase contracts signed on or after 01/05/2024 and before 02/29/2024. Limited to select homes; contact Summit Homes for a list of eligible homes. Summit Homes will pay up to 4 discount points associated with buying down the customer’s interest rate to 5.99% for conventional loans. Summit Homes contribution toward discount points may not be available with all loan programs and is limited to 3% for loans with less than 10% down payment. “Conventional loans” means a loan underwritten to be eligible for purchase by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation. Select homes are eligible for 1% EMD. Contingency consideration only valid until January 31st. *Example of 90% LTV (10% Cash Down) Conventional Loan Program with $400,000 sales price. $360,000 loan amount - 30-year fixed rate loan with 3.75 discount points based on 360 monthly payments at $2,156.07 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. 10% cash down payment of $40,000 required. Example assumes 740 credit score and includes $1,425 origination fee, 6.049% APR, and 5.99% interest rate as of 01/05/2024. 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. 01/2024


New home prices, included features and available locations are subject to change without notice. Stated dimensions and square footage are approximate. Artist renderings are not guaranteed to be drawn to scale.

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