*ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
3-2-1 Buydown Program Features a reduced interest rate for the first three years and a fixed-rate loan after the third year on certain inventory homes! Must contract between 08/30/24 and 09/15/24 in the state of Georgia and close on or before 09/30/24. All trademarks are the property of their respective owners. *Chafin Communities has locked-in, through Silverton Mortgage, a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires. Not all borrowers will qualify for said rate. Rate is not applicable for all credit profiles and may require borrower to pay points to obtain the advertised rate. Buyer is not required to finance through Silverton Mortgage to purchase a home; however, buyer must use Silverton Mortgage to receive the advertised rate and buydown incentive. Additional closing costs may apply. Please contact your Silverton Mortgage loan originator for complete eligibility requirements or for more information. Product requires a seller contribution of $15,190.32 to pay for the cost of the 3-2-1 buydown.
**Example of a 96.5% LTV (3.5% Cash Down) FHA Loan Program with 3-2-1 Buydown at a $377,394 sales price. $370,558 loan amount, $13,209 cash down payment 30-year fixed-rate loan and a credit score of 680. First-year monthly payment of $1,367.80 with an interest rate of 1.99%, 5.783% APR. Second Year monthly payment of $1,560.29 with an interest rate of 2.99% and 5.783% APR. Third year monthly payment of $1,766.96 with an interest rate of 3.99% and 5.783% APR. Monthly payments of $1,986.97 at a 4.99% interest rate and 5.783% APR for years 4-30 of the loan as of 08/23/2024. Monthly payments do not include required mortgage insurance, taxes, insurance
premiums or other applicable escrows. Actual payment amount will be higher. Example includes $1,495 origination fee. Rates, fees, other charges and terms are subject to change. Available loan programs and terms will vary by state. Silverton Mortgage is authorized to originate FHA loans but it is not an agent of, or affiliated with, the U.S. Government. All terms and conditions are subject to credit approval, market conditions and availability. Seller
incentives will be offered for buyer to use towards paying closing costs and/or the cost of the temporary buydown. The seller incentive amount and temporary buydown cost will vary based on the specific property and community and will be disclosed in the sales contract/addendum. Maximum contribution limits will apply. Other loan-to-value & credit score options are available at additional cost to the homebuyer. Offer may not be able to be combined with other available Chafin Communities offers or discounts. Contact a Chafin Communities sales representative for more information and for a list of available homes. Property restrictions apply. Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS #1561, http://www.nmlsconsumeraccess.org/, AZ Lic. #BK- 0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking, Rhode Island Licensed Lender. Licensing information: Licensing . All information is believed to be accurate and is subject to change without notice. 08/2024