As the year comes to an end, we want to help our Visionary Homes buyers save money now! We are offering an exclusive 3/2/1 mortgage rate buydown on select Quick Move-In homes in Divario, saving buyers 3% on their mortgage rate in the first year, and 2% on the rate in the second year, and 1% on the third year. This 3/2/1 mortgage is available to buyers in Divario that use our preferred lender First Colony Mortgage and close on a select Quick-Move-In home before the end of 2023.
Quick Move-In Homes -
As mortgage rates have climbed there are options to help people save money including a 3/2/1 mortgage rate buydown. With this type of mortgage, buyers lock into a current mortgage rate, but for the first year that rate is reduced by 3%, and in the second year the rate is reduced by 2% and the third year by 1%. Then beginning in the fourth year of the mortgage, the rate will be the original locked-in rate.