If you have clients on the fence about buying a new home, here are a few reasons May is great time to make a move:
- Special financing is still available through HomeAmerican Mortgage (HMC), while funds last!* That can mean a difference of over a hundred dollars a month, and thousands of dollars over the life of the loan. See details and an estimated cost comparison for a $350,000 home here. This offer is only good on homes that contract in May and close by June 28, so it’s important for your clients to act fast!
- Closing cost assistance is also available for buyers who choose to finance through HMC.** At many communities, the amount of the incentive is $2,500. But, in areas with higher-priced homes, that amount may be even greater. Be sure to check with the Sales Center to see how much they’re offering at a given community. Buyers who contract in May can claim the offer, whether they’re buying a quick move-in home or starting a new build. See details.
- An extended rate lock through HMC can secure your client’s interest rate through 2019 and beyond!*** If your buyers want to contract on a new home in May, personalize it with their choice of finishes and fixtures, and not spare a thought for interest rate fluctuations, this is a great option! Learn more.
If you have any questions about our special offers, please feel free to chat with a community sales associate, or call our Homebuyer Resource Center at 888.500.7060!
*Loan promotions are valid for new buyers on new contracts on select quick move-in homes which contract on or after April 23, 2019, and close by June 28, 2019, when financing is provided by HomeAmerican Mortgage Corporation. See licensing information below. Interest rate is not guaranteed and is subject to change without notice. Funds at this interest rate are limited and available on a first-come, first-served basis.
**For new buyers on new contracts signed between May 1 and May 31, 2019, Richmond American will pay $2,500 toward buyer’s actual closing costs when financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). Additional incentives may be available and vary by community. Closing cost assistance and other incentives, when combined, may not exceed 3% of the base price of the home. Closing costs assistance is subject to legal and loan program requirements and limitations. Buyer must pay all prepaids. Home must close in a timely manner, as determined by Richmond American. Actual amount cannot exceed buyer’s actual closing costs. Visit a sales center for community-specific details and limitations.
***Offer is valid while funds last for new buyers on new contracts when financing is provided by HomeAmerican Mortgage Corporation. See licensing information below. Borrower may lock an interest rate for up to 350 days, with a one-time option to re-lock the rate no sooner than 60 days prior to closing if interest rates decrease during the rate lock period. Offer is for owner occupants only and is subject to market availability and buyer qualification. A nonrefundable $750 extended lock fee will apply and must be paid within 5 days of locking the loan. No other upfront costs for rate protection are required of the borrower. Offer is valid only on fixed-rate loan programs with a loan amount up to $484,350.00. Offer is subject to change according to loan type, loan amount and loan program. Actual rate will be based on the rate at time of interest rate lock. Additional terms and conditions may apply. Visit a Sales Center for details. Funds are limited and available on a first-come, first-served basis.
Financing is provided by HomeAmerican Mortgage Corporation. HomeAmerican Mortgage Corporation’s offices are located at 4350 S. Monaco Street, Suite 100, Denver, CO 80237 (NMLS Unique Identifier #130676; NMLS Consumer Access website: http://www.nmlsconsumeraccess.org), 866.400.7126. Arizona Mortgage Banker License #0009265. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. In Nevada, all advertised loans are offered and funded by HomeAmerican Mortgage Corporation, 7770 S. Dean Martin Drive, Suite 308, Las Vegas, NV 89139, 702.638.4450, License #67. Oregon License # ML-5694.
The Richmond American Homes companies (RAH) and HomeAmerican Mortgage Corporation (HMC) are owned, directly or indirectly, by M.D.C. Holdings, Inc. and, therefore, are affiliated companies. RAH and HMC offer services independently of each other, and if you obtain a product or service from one company, you are not required to utilize the services of, or obtain products from, the other company. Your decision to use a company that is not affiliated with RAH or HMC will not affect your ability to obtain products and services from these companies.
