GOT 5.875% 30-YEAR FIXED INTEREST*?
K. HOVNANIAN® DOES A BUYER GOOD!
K. Hovnanian® Homes™ has got the interest rate today’s buyers are looking for on a beautiful new move-in ready home! Presenting a once-in-a-lifetime opportunity, let K. Hovnanian® help you take advantage of the limited-time 5.875% 30-year fixed interest rate* and get you moving forward with your future. Contact a participating southland neighborhood today!
“At K. Hovnanian® we know what it takes to help our buyers make the most of the current financing opportunities available to them,” says Jim Perry, South Division President for K. Hovnanian® Homes™. Visit any of these participating neighborhoods right away! For additional information regarding driving directions and sales office hours for a specific neighborhood, visit khov.com.
In Moreno Valley, buyers will find quality and convenience with the distinctive two-story home designs at Parkside at Towngate starting from the $200,000s. For those seeking low maintenance and carefree condominium living, Palacio De Oro is offering final new home opportunities starting from the $100,000s.
The Diamond Collection at Shore Pointe II in Lake Elsinore offers great views, value and locations for its single-family homes that start from the $200,000s.
Neighborhoods in Menifee include The Grand at Canyon Heights that offers final new home opportunities starting from the $200,000s; and the model homes now selling from the $200,000s at Country Glen II.
The Boulders, featuring ½ - ¾ acre homesites offer final opportunities in Riverside County that start from the $300,000s.
K. Hovnanian's® Four Seasons at Beaumont is a gated resort-style community** for active adults 55+ with single-level homes starting from the low $200,000s.
Also for active adults 55+, K. Hovnanian's® Four Seasons at Hemet offers gated resort-style living** with two spectacular single story home collections starting from the $200,000s.
K. Hovnanian's® Four Seasons at Palm Springs presents 7 superb single-level designs within a gated resort-style community** for active adults 55+ at prices starting from the $200,000s.
In Coachella, Rancho Cielo’s final detached homes start from the $100,000s.
At Lake Rancho Viejo in charming Fallbrook, beautifully crafted two-story homes start from the $300,000s.
Priced from the $800,000s, Bella Lago in Chula Vista offers spectacular estate-sized residences.
Malan Park in Brawley presents affordable detached homes starting from the $100,000s.
*Offer available for purchase agreements written on or after 8/20/2008 and applicants must reserve loan funds and closing must occur no later than 11/13/08. Limited funds are available; offer may change upon exhaustion of funds. FOR CONVENTIONAL PROGRAM: The advertised note rate of 5.875% has an APR of 5.875%, which is based on a loan amount of $244,800 and purchase price of $305,990 on a conventional 30 year fixed loan; monthly mortgage payment of $1448.08. The payment shown is principle and interest and is based on a 720 FICO credit score with 20% down. Full Documentation, minimum 620 FICO score, primary residences only and at least 10% down payment required to be eligible for approval. This program is subject to loan amount limitations. FOR FHA PROGRAM: The advertised note rate of 5.875% has an APR of 5.959%, which is based on a loan amount of $302,000 and purchase price of $305,990 on an FHA 30 year fixed loan; monthly mortgage payment of $1786.44. Loan amount includes 1.75% FHA funding fee. The payment shown is principle and interest and is based on a 620 FICO credit score. Full Documentation, primary residences only and 3.00% down payment required to be eligible for approval. This program is subject to FHA loan amount limitations. FOR BOTH PROGRAMS: The rates and payments for both loan programs are also factors in Seller contribution of up to $18,350, which contribution, in part, was used towards the reduction of the interest rate for each loan program. The loan payments for both loan programs do not include applicable taxes, mortgage insurance, homeowners insurance and homeowners association. All loans are subject to credit approval, verification and collateral evaluation. These are examples and estimates only based on a specific home purchase price; terms, including interest rate/APR, will vary depending on the actual purchase price of the home. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. K. Hovnanian American Mortgage L.L.C., 3601 Quantum Blvd, Boynton Beach, FL 33426. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act. **The gates at the communities are only designed to attempt to limit vehicular and pedestrian access; they are not designed to prohibit access or provide security of any kind. Pricing and product availability are subject to change. Please contact a Sales Consultant for information about prices, products, facilities and their related amenities, including completion dates. K. Hovnanian® Homes™ is known for its commitment to superior quality, immeasurable value, design excellence and attentive customer service. Each neighborhood reflects the extensive experience that has made K. Hovnanian® Homes™ one of the top 10 homebuilders in America. Hovnanian Enterprises, Inc.