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Blogtim@team101.com
259 East 500 South
Bountiful, UT 84010
Office: 801-927-3000
Sales: 480-363-8928
Email: info@raineyhomes.com
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*First-year interest rate loan scenario: $1,079,000 purchase price and $647,400 loan amount on a 30-year fixed Conventional loan with a 3-2-1 Temporary Rate Buydown feature. In Year 1, the rate is reduced 3% to 2.875% with a monthly principal and interest payment of $2,686. In Year 2, the rate is reduced 2% to 3.875% with a payment of $3,044. In Year 3, the rate is reduced 1% to 4.875% with a payment of $3,426. Beginning in Year 4 and for the remainder of the loan, the rate is 5.875% with a 5.918% APR and a principal and interest payment of $3,830. This promotion is valid with a signed offer on or before April 30, 2026, and financing must be obtained through Team 101 at Northpointe Bank. Rates shown reflect a builder-paid interest rate buydown, based on a qualifying credit score of 760. Buyers must qualify at the fully indexed rate, not the introductory buydown rate. Scenario LTV reflects the average loan-to-value ratio of Rainey Homes borrowers. All loans are subject to credit review and approval. Rates, terms, and promotional offers are subject to change or discontinuation without notice. This is not a commitment to lend. Northpointe Bank is an Equal Housing Lender.