Premier Homes is announcing special financing this weekend on select homes at one of its newest communities in Rancho Cordova—Elevate at Premier Montelena. The Temporary Buydown Program* offers a year one interest rate of 2.75%, a year two interest rate of 3.75%, and a year 3-30 of 4.75%—with the final rate well below current interest rates making this a long-term benefit for buyers.
“We understand that potential homebuyers are concerned about interest rates and want to offer a special financing program on select homes that create opportunity for buyers to purchase without worrying about the mortgage market,” said Kevin Yttrup, president of Premier Homes. “We feel this program along with other special incentives we are offering on Quick Move-In Homes will open up opportunities for those interested in Elevate at Premier Montelena.”
Priced in the $500,000s, Elevate at Premier Montelena is a collection of two-story single-family homes with four plans ranging in size from 1,572 to 2,114 sq. ft. With up to 4 bedrooms, 3.5 baths, lofts, and grand suite retreats, this is a community uniquely created for today’s modern lifestyle with a deep understanding of the benefits offered by open living concepts. First levels all feature an open kitchen, dining, and grand room layouts ideal for entertaining or young families. Upstairs, grand suites, lofts, and bedroom options create unique spaces for everyone. Exterior architecture reflects an exciting new approach to classic architectural styles and traditions. Varied roof pitches, horizontal window treatments, natural materials, and “house forward” designs work together to build a memorable community. Enhanced by fresh color combinations, exteriors will blend materials and glass for an impactful streetscape. Elevate sits at the heart of Rancho Cordova’s newest masterplan community—Montelena—which features a natural wetlands preserve, planned community parks, walking trails, new shopping, and views of the Sierra Nevada mountains.
“We encourage those who are interested to stop by the Premier Montelena Sales Center this weekend and find out more about this special financing offered exclusively by Premier Homes and Fairway Independent Mortgage and our other Quick Move-In opportunities, said Yttrup. “Our community sales managers can discuss options and also take interested buyers on tours of our available homes and our three new models.”
For more information call 916.234.8500 or visit the Premier Montelena Sales Center located at 12004 Armandi Way, Rancho Cordova, CA 95742. Interested buyers are also encouraged to get pre-qualified with our lender via this link.
*Special Financing Disclaimer: Interest rate is fixed FHA Loan with a Temporary Buydown and a note rate of 4.75% The first year is 2.75%, the second year is 3.75%, and years 3 – 30 are 4.75% with an APR of 5.748%. Down payment as low as 3.50% plus normal closing costs and a FICO score of 680 or above and meet Lender and FHA guidelines to qualify for this rate. Buyer must use Fairway Mortgage to receive this special financing. This Financing Special is available on specific lots ONLY. (See Agent for details.) Buyer must be in reservation by September 11, 2022.