242 Clear View School Road
Home in Hayden Place, NC
Floorplan: Brunswick
Prices, plans, dimensions, features, specifications, materials, and availability of homes or communities are subject to change without notice or obligation. Illustrations are artists depictions only and may differ from completed improvements. All prices subject to change without notice. Please contact your sales associate before writing an offer.
The source of sample rates prepopulated in the calculator for the Conventional 20% Down, FHA 3.5% Down and VA 0% Down. If the Loan Type in the calculator includes "w/ BFC*" in the name, it is prepopulated with an example rate involving a Builder Forward Commitment (BFC), such as those that Caviness & Cates periodically enters with First Point Home Loans to lock in a fixed interest rate for a pool of funds. Such rate is only available to qualified borrowers and homes until the pool of funds is depleted or the rate expires, and additional terms and conditions may apply. Not all borrowers or homes will qualify for a BFC rate, and said rate may not apply for all credit profiles. You are not required to obtain mortgage financing through First Point Home Loans to purchase a home from Caviness & Cates; however, use of First Point Home Loans, among other terms and conditions, is required to receive a DHIM-related BFC rate, if available, when purchasing a Caviness & Cates or Cates Building, Inc. home.
** If you select an adjustable-rate mortgage (ARM) program,the sample interest rate and monthly payment shown in the above calculator are based on an introductory rate, which can change after the initial fixed-rate period expires. For example, a 7/6 ARM's introductory rate is fixed for the first 7 years (i.e., 84 months) of the loan, after which the interest rate can change every 6 months. Similarly, a 5/1 ARM's introductory rate is fixed for the first 5 years (i.e., 60 months) of the loan, after which the interest rate can change every 1 year (i.e., 12 months). (Other ARM products may have different initial fixed-rate periods and different rate adjustment periods.)This means that after the initial fixed-rate period, your monthly payment can increase or decrease substantially every 6 or 12 months based on changes in the interest rate, as described in the loan documents. Because the above calculator shows a sample monthly payment based only on the introductory rate, there may be higher monthly payments after the initial fixed-rate period expires.
Property Taxes, Home Insurance, Mortgage Insurance and Homeowners' Association Dues are estimates in the community or locality where the property is located. This calculator and related information should not be construed as financial, legal, or tax advice, or as a commitment to lend. Please consult your own advisor. The calculator and related information are provided "AS-IS" AND WITHOUT REPRESENTATION OR WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED and without legal obligation on Caviness & Cates or Cates Building, Inc., including any duty to update or correct information herein. Please contact a mortgage lender of your choosing for actual loan information (e.g., available rates and terms) and for requirements related to loan products they make available to you.
Hear From Our Customers.
When I embarked on the journey to relocate to Beaufort from central PA I expected to encounter logistical issues due to the fact that I was unable to be on sight to monitor the progress of my home and the various upgrades I selected. I closed t the end of March as planned and am pleased to state that the experience with the builder was unbelievably and unexpectedly smooth! The project manager, Jon McClary, treated the purchase of my new home as if it were his own. His timely communication, attention to detail, expertise in construction, friendly demeanor, and reliability are to credit for my stellar home buying experience. As I make my transition from PA to Beaufort, Jon continues to stay in touch with me regarding details to fine tune the performance of my "smart" home's digital footprint and arranges his schedule such that he can connect with me in person during one of my trips to Beaufort to address any needs or questions I have while I'm in town. The confidence I have in my home is directly aligned with the role Jon has played in this mid-life adventure I chose to undertake. I thank Caviness & Cates for having a wonderfully reliable and skilled professional like Jon on their team!
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