Take the Next Steps To Homeownership:
Monthly Payments as Low as $1,918*
*Loan amount $470,000 with a 1/0 seller paid buydown program. Monthly principal and interest payments are based on a 30-year amortization. For year 1, the interest rate is discounted to 2.75% (APR 3.804%) with a monthly principal and interest payment of $1,918. For years 2 – 30, the interest rate is the note rate of 3.75% (APR 3.804%) with a monthly principal and interest payment of $2,176. The monthly principal and interest amounts above do not include costs for homeowners insurance or real estate taxes. You are responsible for paying taxes and insurance on your home, whether it’s included in your monthly payment to the lender as part of an escrow account or you pay these bills directly to the taxing authority or insurance company. Also, please consider any additional taxes or insurance that could enter into your scenario, such as special hazard insurance (e.g., flood, wind, etc.), local tax increases and special tax levies. The illustration enclosed above is an example and is not an extension of credit or commitment to extend credit. Whether you qualify for a certain product or program will depend on your specific application. Scenario is an estimate based on a FICO credit score of 740. The actual interest rate may vary depending on the specific characteristics of the loan transaction and the borrower’s credit profile up until the time of closing. Property taxes, homeowners insurance and homeowners/condo fee are assumed constant at their initial amounts but are subject to increase. Your interest rates, monthly payment amounts and other terms will depend on the specific characteristics of the financing option you choose and your credit profile up to the time of closing and could vary. These characteristics include the property type, occupancy status, loan-to-value (LTV) ratio, your credit score, presence of other liens against the property and more. Your total closing costs will vary based on your loan choice and the fees charged by the settlement agent you select. Homes shown are representational only and do not depict actual homesites. Pricing, terms and availability subject to change. Square footage is approximate. CA DRE license #01877720. Equal Housing Opportunity.