About 847 S 380 E
Ask me about our 4.99% ARM*!! Discover the Huckleberry- a brand-new townhome that comes with an unfinished basement in the beautiful new townhome community of Meadows at Sky View. This floorplan features an open, spacious kitchen and living room perfect for cooking, relaxing, and spending quality time with family and friends. You'll also find a long entry hall, 1/2 bath, mud room area, and sliding glass doors with a back patio! Upstairs, there are 3 bedrooms and 2 more bathrooms including a primary suite that features a walk-in shower and walk in closet. Also upstairs is a generous loft area and a laundry room for added convenience. *Home under construction, photos are of previously finished home and may consist of minor differences. Estimated completion for October. *Buyer to verify incentive, rate, and payment figures. -------------------------------------------------- *Special savings and financing opportunities are available on select quick move-in homes. Buyer must finance through First Colony Mortgage Corporation (NMLS ID 3112) to qualify. The advertised 4.99% rate is the initial interest rate on a 30-year conventional 7/6 adjustable-rate mortgage (ARM) and reflects an annual percentage rate (APR) of 5.987%. This loan is an Adjustable Rate Mortgage. The interest rate and principal and interest payments are subject to increase after consummation. The interest rate is fixed for the first seven years. Beginning with the 85th month the rate and payment will adjust, and will adjust every six months thereafter, based on the sum of the 30-Day Average SOFR index (at 3.648% as of September 14, 2026) plus a margin of 3.000%. The rate may increase by up to 5% at the first adjustment and up to 1% at each adjustment thereafter, subject to a lifetime maximum interest rate of 9.99% and a minimum of 3.00%. Based on a $430,000 purchase price and a $344,000 loan amount with 20% down, a 0.5% discount point paid by the buyer, and a 740 credit score, this transaction would have 84 monthly principal and interest payments of $1,844.56 at the initial rate of 4.990%, followed by 276 monthly principal and interest payments of $2,141.88 at the fully indexed rate of 6.648%. Payments shown are principal and interest only and do not include taxes, insurance, or HOA dues, so actual payments will be higher. Rates and APR are effective September 14, 2026, depend on borrower qualification, and are subject to change without notice due to market conditions. Financing is subject to credit approval and is not a commitment to lend. Offers, availability, eligibility requirements, terms, conditions, and deadlines vary by home and may change or end without notice. Contact a Visionary Homes Sales Professional or a First Colony Mortgage Loan Officer for current availability, complete program details, and financing terms. First Colony Mortgage Corporation is not affiliated with any third parties that may be referenced in this communication.
