*Rate example is based on a sales price of $199,900 with 3.5% down payment and minimum credit score of 620. The mortgage is a 30 year-fixed rate FHA loan with a seller paid 1-1 buydown on a base loan amount of $181,025; 1st year interest rate of 3.5% (5.308% APR), 2nd year interest rate of 3.5% (5.308% APR) and years 3-30 at 4.5% (5.308% APR). 1-1 buydown requires monthly principal and interest payments as follows: Year 1 $882 , Year 2 $882, Years 3-30 $995. Monthly taxes, HOA, Mortgage insurance and hazard insurance are additional and are not included in the above payments.
**Rate example is based on a sales price of $199,900 with 10% down payment and minimum credit score of 740. The mortgage is a 30 year-fixed rate conventional loan with a seller paid 1-1 buydown on a base loan amount of $179,910; 1st year interest rate of 3.5% (5.069% APR), 2nd year interest rate of 3.5% (5.069% APR) and years 3-30 at 4.5% (5.069% APR). 1-1 buydown requires monthly principal and interest payments as follows: Year 1 $808 , Year 2 $808, Years 3-30 $912. Monthly taxes, HOA, Mortgage insurance and hazard insurance are additional and are not included in the above payment. Loan programs are subject to credit approval and is offered
through Standard Pacific Mortgage, an Equal Opportunity Housing Lender. Interest rates, loan programs, sales price and payments are estimates only and are subject to change without notice. Restrictions may apply. 3.5% Rates are only valid on purchases written and accepted between 10/9/09 and 10/12/09. Sales prior to 10/9/09 are excluded. Financing incentive is included in current incentives and is not in addition to. Rates subject to change or cancellation prior to contract without notice. See sales for details. Standard Pacific Mortgage, INC. is licensed by: the North Carolina Commissioner of Banks AL-146109-101,-102,L-146109. 10-9-09
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