Make your dream home a reality with our special financing offer from CommunityAmerica!
Qualified buyers can take advantage of the 4.875% interest rate*. To learn more about how a 4.875% adjustable rate mortgage may benefit you, please contact Ed Rafferty, our local mortgage expert.
Offer good for the first five contracts on qualifying homes that can close by December 5, 2024. Subject to change. See agent for details.
Save up to $45,000 in monthly payments!†
* This is not an offer to lend. All mortgage loans are subject to credit approval/buyer qualification, cannot be combined with any other offer. Mortgage products are offered by Community America Credit Union. Some restrictions apply. Loan qualifications and specifications may vary based off loan program.
** The 7/6 mo arm is a 30-year mortgage where the interest rate is fixed for the initial period of 7 years and then the Interest Rate adjusts once every 6 Months based off the SOFR Index, PLUS a margin of 3% with a 5% Initial AND Lifetime Cap. The CAP Interest Rate is not to exceed 5% above the start rate and cannot fall below 3% over the life of the loan. Payment Scenario of $3572 based off a 30 Year Term, 1ST 7 Years @ $675,000 Loan Amount.7/6Mo ARM with a Purchase Price of $750,000, 10% Down, STARTING interest rate of 4.875% and APR of 6.285%. (Estimated Year 8 Payment at rate 9.875% (Max, may be lower) is $5325. ESTIMATED Year 8.5-30 at rate 9.875%(Max) is $5245. Payment Examples above excludes Taxes and Ins and PMI and any HOA Dues (If Applicable). Actual Payments will be greater. APR may increase after Consummation. Loan amount cannot exceed $750,000. Rodrock Homes has made a financial contribution to lower the Initial Interest Rate.
† Over seven years. On $675,000 loan amount, the 4.875% Rate saves $553/month compared to the going rate for 30 year fixed, that is a savings of $45,000 over an 84-month period (7 years).
