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Qualified buyers who purchase and close on a select David Weekley Quick Move-in Home in the Colorado Springs area by December 31, 2024, may be eligible for mortgage financing at a 4.99% interest rate (5.04% APR) mortgage loan when the home purchase is financed with a mortgage from Priority Home Mortgage*!
Conventional Loan Financing Example
For example, if you are buying a $856,902 home with a 20% down payment, 760 FICO score on a 30-year conventional loan, with closing costs are estimated to be $7,704.15, your interest rate, APR, and principal and interest payments will break out as:
Sales Price: $856,902
20% Down Payment: $171,380
30-year Fixed-rate Loan Amount: $685,522
Interest Rate: 4.99% | 5.056% APR
Credit Score: 760
Monthly P&I Payment: $3,675.84
*Payment examples do not include taxes, hazard insurance, mortgage insurance, or HOA dues.
Financing With a Preferred Lender
When you choose to purchase a new David Weekley home, you can expect world-class Customer Service and an unparalleled homebuying experience. Along with the benefit of a newly constructed home by an established, reliable builder, we also provide you a convenient way to help ease the new home mortgage process. To further enhance your homebuying process, we offer the opportunity to finance your home through one of our Preferred Lenders.
When it comes to securing your new home loan, our Preferred Lenders will guide you through the new home financing process from application through to closing. Together with your David Weekley Home Team, the working relationships with our Preferred Lenders can make the purchase process easier and convenient. Our relationship with lenders allows for us to work together to answer questions to keep the loan process moving forward, while communicating with you throughout the entirety of your homebuying journey.
Visit with your David Weekley Sales Consultant to get started on your new home financing with one of our Preferred Lenders.
David Weekley Homeowner Dhruvi Vyas with David Weekley Homes Team Members
See a David Weekley Homes Sales Consultant for complete details. Not valid with any other offer or previously written contracts. The Your David Weekley Dream Home is a Move Away offer is valid for Homebuyers who purchase and close on a select David Weekley Quick Move-in Home in the Colorado Springs area between November 11, 2024, and December 31, 2024 (the Program Period). Offer must be presented to Sales Consultant prior to signing of contract. 4.99% interest rate offer only valid for qualifying buyers who purchase a select David Weekley Quick Move-in Home in the Colorado Springs area during the Program Period and finance the home purchase with a mortgage loan from Priority Home Mortgage. Homes must close by December 31, 2024, to qualify for offer. Qualifying buyers with a conventional loan must have a minimum FICO score of 760 and make a down payment of at least 20% of the Total Purchase Price. Contact mortgage loan originator for details on financing options. Priority Home Mortgage, L.P. is headquartered at 8911 N. Capital of Texas Hwy, Suite 4300D, Austin, TX 78759. NMLS# 311939. www.PriorityHomeMtg.com. Borrower must meet lender’s qualification criteria. *David Weekley Homes has arranged a Forward Commitment of a limited amount of mortgage financing for qualifying buyers, who finance with Priority Home Mortgage. Applications under the Forward Commitment will be accepted on a first-come, first-served basis until the limited amount of mortgage financing is depleted, or the program end date, whichever occurs first. Actual loan pricing may be adjusted based on the borrower’s credit profile, and the borrower may need to pay discount points to get the rate under the commitment. This rate is not applicable for all credit profiles and not all borrowers will qualify for the rate. Offer must be presented to Sales Consultant prior to signing a Purchase Agreement and buyers who qualify for the Forward Commitment rate will not be eligible for any other Financing promotions or incentives. Loans subject to credit, underwriting, and property approval. This is not a commitment to lend. Terms and programs subject to change without notice. Home loan products may involve appraisal fees, title search fees, and other fees, but there is no cost to obtain details or apply. Other terms and conditions apply. Some loans may be government insured. Weekley Homes, L.L.C. d/b/a David Weekley Homes (David Weekley Homes) has a business relationship with and an 80% ownership interest in Priority Home Mortgage, L.P. (Priority Home). Because of this relationship, this referral may provide David Weekley Homes with a financial or other benefit. You are NOT required to use Priority Home Mortgage as a condition for purchase of the subject property, but you will not otherwise receive the incentives described herein. See written Purchase Agreement for terms and conditions. David Weekley Homes reserves the right to terminate the program or change rules at any time. Prices, plans, dimensions, features, specifications, materials, and availability of homes or communities are subject to change without notice or obligation. Illustrations are artist’s depictions only and may differ from completed improvements. Copyright © 2024 David Weekley Homes – All Rights Reserved. Colorado Springs, CO (CSP-24-005349)