412 Ingram Ridge Court
Home in Glenmere Gardens, NC
Floorplan: Granville
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.
We sent you a discrepancy list last Tues. evening Feb. 23. Early Wed. morning, a warranty representative was on the phone with my husband. Wow! talk about timely. He lined up and arranged for all of the work to be done in a short period of time. He has been wonderful to work with this past year. Thank you for making this transition easy. We truly appreciate it. To that end all of the workers have been prompt, from the framer, the drywall guys and the painters and carpet layers and even all the folks who answer the phone. They have really been professional and courteous. Having been in the Military and moving all the time we have purchased many new homes. From CA to Georgia, from starter homes to upscale homes. This isn't the biggest home we have owned, but it fits our needs now and truly has been the best experience we have had. Thank you from the bottom of our heart to all connected to Caviness and Cates."
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