Receive a 2/1 FHA buydown with a first-year rate as low as 3.75% when you purchase select inventory homes in the Raleigh division which close by April 30, 2025, when using Sabal Mortgage!
This is being provided for informational purposes only and is not a commitment. Eastwood Homes is not a mortgage lender so you should contact Sabal Mortgage directly to learn more about its mortgage products and your eligibility for such products. Rates and programs are subject to change due to unforeseen market conditions, the borrower's credit profile, and eligibility requirements. All payments, monthly principal, interest, taxes, and insurance are based on 360 monthly payments. APR stands for Annual Percentage Rate. The total obligation could be higher. This is not a commitment to lend. This information is provided for Agents and professional use only and is not to be provided to consumers or the public. Available only on select quick move-in homes with contracts written on or after 3/18/2025 and with a closing date on or before 09/30/2024. Offer not valid on prior contracts. Rate Buydown offer can not be combined with any other offer. 2/1 Buydown only on FHA loans through Sabal Mortgage. 2/1 buydown features a 3.75% rate for payments 1-12, a 4.75% rate for payments 13-24, and a 5.75% rate for payments 25-360 with APR of 6.616%. APR is current as of 3/7/2025. The interest rate and APR are subject to change daily without notice and are based on an FHA 30-year fixed loan with 3.5% down payment, minimum FICO of 740, and no downpayment assistance on a single-family, primary residence. Excludes most bond products, adjustable-rate mortgage "ARM" products, manufactured homes on conventional products, refinances, and investment properties. The Temporary Buydown feature is not available on all loan products. Other exclusions may apply. Borrower funds are still eligible to be allocated to all other charges. Program rates and terms and conditions are subject to change without notice. Reach out to a loan office for more information. These rates are for informational purposes only and may not be indicative of current market rates, and to contact a loan officer for a true rate quote. Qualification is required. Additional costs and fees may apply. Sabal Mortgage, LLC is not affiliated, endorsed, or sponsored by the Department of Veteran Affairs, Federal Housing Administration, USDA, or any government agency.
Interest rates and products are subject to change without notice and may or may not be available at the time of the loan commitment or lock-in. Borrowers must qualify at closing for all benefits. Sabal Mortgage, LLC Mortgage Equal Housing Opportunity | NMLS#2598466 and 2663862 NC#B-222373, SC#2598466, VA#MC-7933 and SC#2663862 | MLO NMLS#145996. NC#I-150280 |(www.consumeraccess.org) | 980-325-3292 and 757-404-7756 | 2856 Westport Road, Charlotte, NC 28208 and 575 Lynnhaven Parkway, Virginia Beach, VA 23452
Features, amenities, floor plans, elevations, square footage, specifications, and prices vary per plan and community and are subject to changes or substitution without notice. See an Eastwood Homes New Home Specialist for details. Stated square footage is approximate and should not be used representation. Eastwood Homes and the Eastwood Homes logo are registered trademarks or trademarks of Eastwood Homes. All rights reserved.
