Terms and Conditions - Kissing Tree
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Terms and Conditions

Sunny Savings Promotion

*Talk to a new home counselor for more details and terms and conditions.

3-2-1 Interest Rate Buydown Terms and Conditions

**This is not an offer to lend. Rates are effective 5/30/23 and are based on a 30-day rate lock for Conventional 30 Year Fixed 3/2/1 Buydown financing. Loan scenario assumes a $550,000 purchase price, loan amount of $495,000 and $55,000 (10%) down payment on a Conventional 30 Year Fixed 3/2/1 Buydown with 740 credit score. Rate of 6.99% (7.266% APR) is fixed for entire 30 year term, but initial payments are reduced based on the buydown benefit. Buydown benefit for Year 1 is 3%, Year 2 is 2%, Year 3 is 1% and Years 4-30 are no longer discounted.

First year initial interest rate is 3.99% (7.266% APR), 12 monthly P&I payments of $2,459.35; Second year interest rate is 4.99%, 12 monthly P&I payments of $2,753.24; Third year interest rate is 5.99%, 12 monthly P&I payments of $3,063.59; Starting in the fourth year, interest rates are fixed at 6.99%, 324 monthly P&I payments of $3,388.92 (this excludes taxes, insurance, HOA and other fees, so actual monthly payment obligation may be greater).

Rates, terms, and availability of programs are subject to change without notice. Additional terms may apply. Must get pre-qualified for a new purchase through BRP Home Mortgage, LLC. Not all applicants will qualify. Available on select homesites only. Offer not to be combined with any other lender incentive or program. May not be available at time of loan commitment or closing. Services not available in all states. BRP Home Mortgage, LLC, NMLS #2044252, 4800 N. Scottsdale Road, Suite 3800, Scottsdale, AZ 85251. For information of our company’s mortgage licensing, go to  www.nmlsconsumeraccess.org. Equal Housing Opportunity Lender. All loans subject to underwriter approval.  

***Free refinance is non-transferable and does not apply to loans obtained to purchase a new property or new loans that result in the creation of a separate lien on the current property. Fees included are the lender fees and does not include taxes, title, insurance, title fees and recording fees. Homes shown do not represent actual homesites for sale. Copyright © 2023 Brookfield Residential ULC. All rights reserved.