Creative Homes is excited to announce a brand-new program to help bring certainty to our homeowners and ease the pain of affording a better-built, brand-new home. If you've fallen in love with the idea of living your life in a Creative home, we are here to make this a reality.
Our 2-1 Buydown allows you to enjoy lower monthly mortgage payments for the first two years of your loan, keeping some extra cash in your pocket so you can do the things new homeowners want to do, like purchasing new furniture and turning your house into your home.
A 2-1 buydown is a type of financing that lowers the interest rate on a mortgage for the first two years before it rises to the regular, permanent rate. We offer a rate two percentage points lower during the first year and one percentage point lower in the second year. After the two years, your rate goes to the permanent rate at which you bought at.
| Interest Rate | Monthly Payment & Interest | Monthly Savings | |
| Year 1 | 4.00% | $2,482.56 | $635.10 |
| Year 2 | 5.00% | $2,791.47 | $326.19 |
| Year 3+ | 6.00% | $3,117.66 | $0 |
If you have any questions, don't hesitate to reach out to Olga! We know that finances can be overwhelming and confusing. That is why we can have Olga connect you to our mortgage coaches. They can help you personalize a financial incentive package perfect for you and your lifestyle, or just chat with you about any questions you may have. We look forward to helping you!
We absolutely loved our new home from the first time we saw it, and have felt the same ever since moving in! From start to finish the entire process working with Creative Homes was smooth sailing. We couldn't be happier with our house or our home buying experience!
Creative Homes put together our dream home! We were so nervous about the process and making the wrong decisions, but they were there to make everything turn out perfect. They went above and beyond to make our needs met!
