Lennar is introducing a financing program for home buyers which offers a 2.88 percent fixed rate for the first year, 3.88 percent fixed for the second year, and 4.88 percent (5.34 percent annual percentage rate) fixed for life through the Universal American Mortgage Co.
Lennar is offering the program for a limited time, said Jeff Galindo, vice president of sales and marketing for the builder’s Las Vegas Division.
“With this new financing program, home buyers don’t have to worry about the uncertainty of adjustable-rate mortgages while still benefiting from this low below-market financing,” Galindo said.
Lennar’s program fixes rates for the duration of the mortgage, unlike adjustable-rate mortgages with promotional introductory rates.
These low rates provide buyers with guaranteed interest rates for the life of the loan.
The financing offer will expire in days, Galindo said.
“Our goal is to get America moving and with such a low rate, home buyers shouldn’t hesitate to make their move,” Galindo said. “In addition to incredible financing rates, Lennar’s homes come with the most desired features and upgrades included.
“Because of our simple approach to doing business, we are able to purchase these coveted items at an incredible price and pass the value on to our customers. Our entire philosophy is based on providing the perfect home ownership experience by simplifying everything. From the minute a customer enters one of our Welcome Home Centers to the closing of their home and beyond, our mission is to simplify everything, including financing with the help of our mortgage company, UAMC. By doing so, we make the entire process more enjoyable for our customers. ‘Everything You Want. Everything You Need. That’s the Logic of Lennar.’ “
For more information about the builder, use the “Live Chat” feature available by visiting lennar.com.