The following link will take you to the available properties page for more information about these outstanding homes that are move in ready! Available Properties
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Exclusive Below Market Financing*
Avoid the High Cost of Jumbo Loans
Our properties offer exclusive below rate financing for qualified buyers.
Special Loan Terms:
30 year term
4.0% interest rate
No origination fees or points
No increase in monthly payments
No balloon payment
Savings:
Lower closing costs - $10,000 - $20,000 savings
Monthly P&I payments 20%-25% lower than most jumbo loans
Save $15,000 - $20,000 per year in interest payments
Purchasing Power:
Provides 20%-30% more purchasing power than most jumbo loans
Sample Savings Comparison
Save thousands! Save at closing, monthly and yearly!
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Special Financing
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Regular Jumbo Loan**
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Term
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30 Years
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30 Years
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Interest Rate
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4.0%
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6.5%
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Origination Fee
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0
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1%
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Points
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0
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1%
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Savings
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Purchase Price
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$1,000,000
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$1,000,000
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Down Payment
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$200,000
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$200,000
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Loan Amount
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$800,000
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$800,000
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Origination Fees/Points
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0
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$16,000
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$16,000
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Monthly P&I Payment
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$3,819.32
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$5,056.54
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$1,237
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5 Year Interest Cost
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$152,739
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$252,280
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$99,541
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10 Year Interest Cost
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$288,590
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$484,994
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$196,404
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Purchasing Power Comparison
For the same monthly payment, you can buy a $1 million home instead of a $755,000 home!
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Special Financing
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Regular Jumbo Loan**
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Monthly P&I Payment
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$3,819.32
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$3,819.32
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Interest Rate
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4.0%
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6.5%
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Term
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30 Years
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30 Years
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Loan Amount
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$800,000
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$604,258
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Down Payment
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$200,000
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$151,064
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Purchase Price
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$1,000,000
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$755,322
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Our special financing allows you to get much more value per dollar spent, making this a great deal and a great time to buy!
* Provided exclusively for The Pressley Group homebuyers
** Based on sample of jumbo loan terms recently offered by major banks as of April 1, 2009
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Above rates and financing offer to qualified buyers.
Please verify all financial calculations.
Example above of Jumbo Note is for camparison only
and does not verify current interest rates available on the market.
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Special Financing for Qualified Applicants:
712 Frenchtown Road
Loan Amount Up to 80% of Purchase Price
Minimum Down Payment 20% of Purchase Price
Loan Term 30 years
Interest Rate 4.691% APR* -10/1 Adjustable Rate Mortgage
(Monthly payment of $5.07 per $1,000 @ 4.50%)
4.882% APR* - 30 Year Fixed Rate Mortgage
(Monthly payment of $5.29 per $1,000 @ 4.875%)
Points 0% + 0%
Escrow None
PMI None
LLAS BANK
MORTGAGE
Call 972.716.7379 or
visit ndbt.com to apply!
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