* 2-1 buydown promotion is valid for buyers who sign purchase agreements on select homes with Richmond American Homes between November 1, 2024, and November 24, 2024, inclusive, and close on or before December 31, 2024, when financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). The rate above is based on the application of: (1) seller-paid closing cost assistance in the amount of 2% of the loan amount applied to obtain a permanent interest rate buydown; and (2) a lender-paid 2-1 temporary interest rate buydown. These offers can be used with other national or community-level incentives, but the total promotion amounts provided for using HomeAmerican Mortgage Corporation (including this lender-paid buydown) cannot exceed loan program requirements and limitations. Interest rates are not guaranteed and are subject to change without notice. Funds are limited and are available on a first-come, first-served basis. Example is based on a sales price of $555,000 and a 30-year, fixed-rate FHA loan with a 2-1 lender-paid buydown, an interest rate of 5.500% and a 3.5% down payment. Total loan amount, including the upfront mortgage insurance premium, is $544,947, which results in monthly principal and interest payments of $2,447.06 based on a rate of 3.500% for the first 12 months, monthly principal and interest payments of $2,761.17 based on a rate of 4.500% for months 13 – 24, and monthly principal and interest payments of $3,094.15 based on a rate of 5.500% for payments 25 – 360. APR = 6.244%. Taxes, hazard insurance and monthly mortgage insurance premiums are not calculated in the above payment; actual payment will be higher. This interest rate is available to owner occupants only and is subject to availability, a qualifying debt-to-income ratio, a maximum 96.5% loan-to-value ratio, qualification using full documentation and is based upon a minimum FICO score of 680. Other loan-to-value ratios and FICO scores may be eligible but may be subject to rate and price adjustments. Loan amount cannot exceed the lesser of the county limit or $766,550. Not valid on loans already locked with HomeAmerican Mortgage Corporation.

** 2-1 buydown promotion is valid for buyers who sign purchase agreements on select homes with Richmond American Homes between November 1, 2024, and November 24, 2024, inclusive, and close on or before December 31, 2024, when financing is provided by HomeAmerican Mortgage Corporation (see licensing information below). The rate above is based on the application of: (1) seller-paid closing cost assistance in the amount of 2% of the loan amount applied to obtain a permanent interest rate buydown; and (2) a lender-paid 2-1 temporary interest rate buydown. These offers can be used with other national or community-level incentives, but the total promotion amounts provided for using HomeAmerican Mortgage Corporation (including this lender-paid buydown) cannot exceed loan program requirements and limitations. Interest rates are not guaranteed and are subject to change without notice. Funds are limited and are available on a first-come, first-served basis. Example is based on a sales price of $555,000 and a 30-year, fixed-rate Conventional loan with a 2-1 lender-paid buydown, an interest rate of 5.999% and a 10% down payment. The loan amount is $499,500, which results in monthly principal and interest payments of $2,384.40 based on a rate of 3.999% for the first 12 months, monthly principal and interest payments of $2,681.12 based on a rate of 4.999% for months 13 – 24, and monthly principal and interest payments of $2,994.43 based on a rate of 5.999% for payments 25 – 360. APR = 6.140%. Taxes, hazard insurance and monthly mortgage insurance premiums are not calculated in the above payment; actual payment will be higher. This interest rate is available to owner occupants only and is subject to availability, a debt-to-income ratio of 43% or less, a maximum 90% loan-to-value ratio, a maximum loan amount of $766,550, qualification using full documentation and a minimum FICO score of 780. Other loan-to-value ratios, FICO scores, second homes and investment properties may be eligible but may be subject to rate and price adjustments. Not valid on loans already locked with HomeAmerican Mortgage Corporation.

HomeAmerican Mortgage Corporation is a residential mortgage loan company. HomeAmerican Mortgage Corporation's principal offices are located at 4350 S. Monaco Street, Suite 100, Denver, CO 80237. HomeAmerican Mortgage Corporation (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, which can be contacted at 770 E. Warm Springs Road, Suite 250B, Las Vegas, NV 89119, 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.

Closing dates are subject to change and cannot be guaranteed. Homebuyers may be limited in the structural changes, options and upgrades which can be made to homes.

Notice to Texas Consumers Pursuant to 7 TAC §80.200(b)
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 N. LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1.877.276.5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT SML.TEXAS.GOV.