Peachtree Residential has teamed with several preferred mortgage lenders to provide special financing with below market interest rates on new contracts written between August 1 and November 30, 2022.*
“Our special rate lock buydowns mean home shoppers can purchase more home for their money. Most homebuyers will save hundreds to many hundreds of dollars a month on a 30-year fixed mortgage,” commented Dave Borreson, President, Peachtree Residential.
All active Peachtree Residential communities in metro Atlanta and Charlotte, North Carolina are eligible. And both presales and quick move in homes are included. Best of all, this program is at no cost to the consumer.
Buydown programs reduce the costs associated with mortgage interest for homebuyers. Programs can vary, but in this instance Peachtree and its lenders are offering up to a $12,000 buydown depending on loan type and which preferred lender is utilized for the loan.
Peachtree Residential is providing buy downs on both conventional 30-year mortgages and jumbo loans. This means almost all buyers will be covered by a special financing program that suits their individual needs.
Additionally, the Peachtree is offering an extended rate lock program that allows buyers to lock a rate for 1 to 2- years.** And, if for any reason the home is not ready to close by that date, the rate can be extended with no penalties. Talk about peace of mind related to moving forward with a home purchase — especially a presale!
“We are taking the stress away on presale purchases with long term rate locks. Even if the supply chain slows, our buyers are covered,” states Borreson.
Offering a variety of traditional and farmhouse home plans that meet the needs of today’s buyers with large open floorplans, natural light, connectivity to nature and energy efficiency, Peachtree Residential has been building new homes in Atlanta and Charlotte for over Three Decades. Known as “The Builder Who Listens,” Peachtree Residential builds quality homes with meticulous craftsmanship, custom designs, and thoughtful touches that add to homeowners’ quality of life. Peachtree Residential currently builds in several Georgia counties: Forsyth, Fulton, Paulding and Gwinnett. Peachtree also builds in Gaston, Iredell, Cabarrus and Mecklenburg counties in Charlotte, North Carolina.
The fine print:
*Reach out to any Peachtree Residential sales associate for more information. Offer valid on new contracts only written between August 1 and November 30, 2022. Subject to errors, omissions, changes or withdrawal without notice.
**Special extended rate lock program only available with certain preferred lenders, see agent for details.