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Summer Savings!

August 14, 2023

Summer Savings!

As summer comes to an end, we understand the importance of creating a comfortable environment at home that nurtures growth and learning.

  • Work and study space
  • Smart home integration
  • Energy-efficiencies
  • Home warranty
  • Fast-track move-ins
  • Complimentary design consultation*

And flexible savings.

Receive up to $25,000 to use your way - interest rate buy down, towards closing costs or towards the price of your new home. Offer available on homes that close on or before 10/31/2023. 

Don't miss out on this opportunity. Find a home you love and contact a Community Sales Manager today.

*Complimentary design consultation available in select communities.

**Offer not valid on contract re-writes, transfers, or for buyers who have had a previously signed contract with Trophy Signature Homes. Not applicable with any other offers. Terms and programs subject to change without notice. Interest rate offered applies only to Trophy Signature Homes financed through a preferred lender for a borrower's principal residence. Rate buy down dependent on rates at time of interest rate lock. Loans subject to credit, underwriting, and property approval. Not all loans available in all areas and not all borrowers will qualify. This is not a commitment to lend. 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. Homebuyers are not required to finance through a preferred lender to purchase a home; however, buyer must use a preferred lender to qualify for the promotion.

For a 30-year FHA loan on a $325,000 home with a 3.5% down payment, $330,687 loan amount, 680 FICO score, and $24,004.83 in fees, with a note rate of 6.99% | 8.048% APR (includes upfront MIP), the monthly buydown principal and interest payments are as follows: Year 1 - P&I payment of $1,773.18 calculated at 4.99%; Year 2 - P&I payment of $1,980.51calculated at 5.99%; and Year 3-30 - P&I payment of $2,197.85 calculated at the note rate of 6.99% for the life of the loan.

For a 30-year VA loan on a $325,000 home with a 0.0% down payment, $335,725 loan amount, 680 FICO score, and $28,851.93 in fees, with a note rate of 6.99% | 7.636%APR (includes upfront MIP), the monthly buydown principal and interest payments are as follows: Year 1 - P&I payment of $1,800.19 calculated at 4.99%; Year 2 - P&I payment of $2,010.68 calculated at 5.99%; and Year 3-30 - P&I payment of $2,231.33 calculated at the note rate of 6.99% for the life of the loan.

For a 30-year USDA/VA loan on a $325,000 home with a 0.0% down payment, $325,000 loan amount, 680 FICO score, and $20,334.82 in fees, with a note rate of 6.99% | 7.647% APR (includes upfront MIP), the monthly buydown principal and interest payments are as follows: Year 1 - P&I payment of $1,760.80 calculated at 4.99%; Year 2 - P&I payment of $1,966.11 calculated at 5.99%; and Year 3-30 - P&I payment of $2,181.86 calculated at the note rate of 6.99% for the life of the loan.

Principal and interest only payments shown. Does not include mortgage insurance, property taxes, hazard insurance, and HOA dues. An escrow account is created that the builder deposited money in to "buydown" the difference in the subsidized monthly payment amount and the note rate. Available for Trophy Signature Homes home buyers that obtain financing with a preferred lender. For purchase contracts signed on 8/16/2023 or later. Must close by 9/30/23. 30-day lock expiration. Rates change daily. The 2-1 buydown option is not available for all loan programs or all loan amounts. Available for qualified Trophy Signature Homes buyers.

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