You’re Going to Love These Choices
February 1, 2024
Love is in the air in February, so we’re offering a money-saving incentive with choices you are simply going to love.
When you purchase a new home in any of our Houston-area communities during the Buyers Choice Sales Event, February 1-29, you can choose from three financing options — an interest rate buy-down, extended interest rate lock or paying no closing costs. You must use our preferred lender and title company to take advantage of the savings.
What you choose is up to you, but let us break down each way you’ll be able keep a lot of green in your wallet.
A rate buy-down or extended rate lock will lower your interest rate and save you money over the life of your home loan.
An interest rate buy-down allows you to pay extra money to get a lower interest rate for a certain number of years. An extended interest rate lock allows you to cap your interest rate for an extended period, protecting you if interest rates rise before your home closes. Either will have you writing smaller mortgage payment checks.
Closing costs are costs that must be paid when you close. In Texas, closing costs average 2 to 3 percent of the cost of a home. For a $300,000 home, closing costs can run from $6,000 to $9,000.
What could you do with an extra $6,000 to $9,000 in your pocket? It’s up to you!
Visit any of our Houston-area communities to find a beautiful new home and financial option you will love for years to come.