Colere 4.875% Rate Details & Disclaimer | Onyx+East

Indiana

Colere 4.875% Rate Details & Disclaimer

**Onyx+East will make this offer available on selected homes that are purchased prior to March 1, 2025. Purchaser is free to use any lender, however the promotional estimated rate is only available with a mortgage loan obtained through Onyx+East’s Lender Partner Fairway Independent Mortgage Corporation (NMLS#22889). Purchaser is not required to use Fairway Independent Mortgage for a final mortgage loan commitment.  Onyx+East does not have an ownership interest in or an affiliation with the Lender Partner and is not receiving any consideration from the Fairway Independent Mortgage in connection with this program. Onyx+East reserves the right to change or withdraw any offer at any time.  

*This is not an offer to enter into an interest rate or discount point agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity.  Promotional rate is based on a purchase price $450,000, Loan Amount $405,000, Interest Rate 6.875%, with a Temporary 2-1 Buydown.   Effective interest rate Year 1 of 4.875%, and effective interest rate Year 2 of 5.875%, effective interest rate Years 3 – 30 of 6.875%.    Interest rate and payment are based upon a 30-Year Fixed Rate, Credit Score 740 or above, Primary Residence, Single Family property, Purchase Transaction.  No Prepayment Penalty.  Interest Rate effective 1/28/2025. Terms and Conditions apply.  Guidelines, rates, and fees are subject to change without notice. 

*Limited time offer. Pricing and promotions subject to change without notice. $10,000 in Flex Cash can be used towards price reduction, design upgrades, interest rate buy-down, or closing costs. Offer valid on select quick move-in at Colere only. Must sign contract by March 1, 2025.