The Great Rate Event
Thereโre two great reasons to buy a Move-In Ready Jagoe Home during our GREAT RATE EVENT.
Youโll SAVE HUNDREDS on monthly payments with a LOW *4.5% interest rate in the first year, followed by a Fixed *5.5% rate for the duration of your loan. And, youโll SAVE THOUSANDS with price reductions on select Move-In Ready Jagoe Homes.
This is a Limited Time Offer on a limited number of Brand New Jagoe Homes.
Youโll be home before you know itโฆโฆ.
Limited Time Opportunity
and a Limited Number of Homes!
Qualifications
Click Here for Offer Qualification Details
*4.5% (5.951% APR) Rate for the first year of your loan when selecting an FHA, VA, or USDA. Limited Time Opportunity and a Limited Number of Select Move-In Ready Homes.
*5.5% (5.951% APR) Fixed Rate when selecting an FHA, VA, or USDA mortgage. Limited Time Opportunity and a Limited Number of Select Move-In Homes.
*All government loans require a minimum 640 middle FICO credit score and must not exceed the maximum loan limits set for the loan program in the local market. All FHA, VA, and USDA standard loan program guidelines still apply. Loan guidelines are subject to change without notice.
Scenario is an estimate only and is based on primary residences only, 640 FICO score and a 1/0 buydown on a $325,600 purchase price with an FHA 30-year agreement (360 months) fixed rate loan amount of $314,204 at 96.5% LTV. Year 1 (0-12 months) rate at 4.5%, APR of 5.951%, and monthly payment of $1,592.03, year 2-30 (13-360 months) rate of 5.5%, APR of 5.951%, and monthly payment of $1,784.02. Payment scenarios do not include taxes, insurance, mortgage insurance, or HOA fees (if applicable) and the actual payment obligations may be greater. 5.5% final note rate is based on a builder paid forward commitment to buydown the market rate. The forward commitment is only available on FHA, VA, and USDA loan programs only. Forward commitment offer is subject to change without notice and is confirmed with a full loan approval and rate lock in. 1/0 Buydown Program: Rate reduction up to 1%; buy down rate for up to 1 years; adjusts 1% each year; returns to original fixed rate after buy down period; builder will pay for buy down. Please reverify the buydown costs prior to closing.
*To qualify for these special rates, the home must be under contract by February 4, 2024, and close no later than March 4, 2024. It may not replace any prior agreement currently in escrow, is non-transferable, and buyers must use Jagoe Homes approved lender FBC Mortgage.
Additionally, Jagoe Homes will pay up to $2,500.00 towards closing costs, and buyers must use Jagoe Homes’ approved lender, FBC Mortgage.
*FBC Mortgage, LLC NMLS# 152859. Programs, rates, program terms, and conditions are subject to change without notice. All products are subject to credit and property approval. Contact FBC Mortgage, LLC, or a Jagoe New Home Sales Consultant for details.
**Move-In Ready Home Price Reductions have been applied to the purchase price. To qualify for these price reductions, the home must be under contract by February 4, 2024, and close by March 4, 2024.
Additional restrictions may apply.
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