Free 2-1 Interest Rate Buy Down + Free Appliances
Purchase a New Home at Riviera and receive a Free Washer, Dryer & Stainless Steel side-by-side Fridge! Plus save big with these Mortgage Incentives:
   
Buy Down Rates:
 
#6203 - Westwood

$169,900

3 bedrooms
2.5 baths
Ready Now


Example
Payments:
Interest Rate*
Monthly
Payment**
Monthly
Savings
Annual
Savings
Year 1
1.750%
$592
 $175 $2,104
Year 2
2.750%
$676
$91
 $1,090
Years 3-30
3.750% Fixed
(4.209% APR)
$767
*Example based on a purchase price of $169,900, with a 3.5% down payment of $5,946, with a loan amount of $165,593 on a 30 year fixed rate FHA loan (includes the 1.00% FHA up front mortgage insurance premium). Seller pays costs of the interest rate buy down. Borrower pays 1% origination. Available for primary residences only. A minimum credit score of 620 and a minimum down payment of 3.5% is required. Interest rates are subject to change at any time. Interest rates are subject to change at any time.
#6502 - Huntington

$145,900

2 bedrooms
2.5 baths
Ready this Fall

 
Example
Payments:
Interest Rate*
Monthly
Payment**
Monthly
Savings
Annual
Savings
Year 1
1.750%
$508
 $151 $1,807
Year 2
2.750%
 $581
$78
 $936
Years 3-30
3.750% Fixed
(4.209% APR)		 $659
*Example based on a purchase price of $145,900, with a 3.5% down payment of $5,106, with a loan amount of $142,201 on a 30 year fixed rate FHA loan (includes the 1.00% FHA up front mortgage insurance premium). Seller pays costs of the interest rate buy down. Borrower pays 1% origination. Available for primary residences only. A minimum credit score of 620 and a minimum down payment of 3.5% is required. Interest rates are subject to change at any time. Interest rates are subject to change at any time.
#6503 - Westwood

$165,900

3 bedrooms
2.5 baths
Ready this Fall

 
Example
Payments:
Interest Rate*
Monthly
Payment**
Monthly
Savings
Annual
Savings
Year 1
1.750%
$578
 $171 $2,054
Year 2
2.750%
 $660
$89
 $1,065
Years 3-30
3.750% Fixed
(4.209% APR)		 $749
*Example based on a purchase price of $165,900, with a 3.5% down payment of $5,806, with a loan amount of $161,694 on a 30 year fixed rate FHA loan (includes the 1.00% FHA up front mortgage insurance premium). Seller pays costs of the interest rate buy down. Borrower pays 1% origination. Available for primary residences only. A minimum credit score of 620 and a minimum down payment of 3.5% is required. Interest rates are subject to change at any time. Interest rates are subject to change at any time.

**Payment does not include taxes, insurance, mortgage insurance (if needed) or HOA dues. This offer applies to purchase contracts executed between 1/1/11 and 11/30/11. Good only for full price offers on Shea Showhomes. Shea Homes reserves the right to change or withdraw this offer at any time. May not be combined with any other offers. Offer is available only for loans made or arranged through Bank of North Carolina. Bank of North Carolina is licensed by the North Carolina Commissioner of Banks, NMLS# 86381. Additional conditions, restrictions and limitations apply. Not all applicants will qualify. See your Bank of North Carolina Loan Counselor for additional details.