Financing Solutions

Converned about rising interest rates

aDoor Properties is offering two solutions to our buyers at The Block at Bartels saving you thousands of dollars

Both upfront and over the years!

WE HAVE THE SOLUTION FOR YOU!

#1

We will buy down your interest rate in years 1 and 2.

#2

FBC Mortgage can lock in your rate up to 345 days.

FBC Mortgage logo

Partner with our preferred lender

When you partner with our preferred lender, FBC Mortgage, we can offer two great solutions to get you into your new home at The Block at Bartels.

Solution 1 - The 2/1 Buy Down

Between FBC Mortgage and aDoor, we will buy down your interest rate by two percentage points for year 1 of your mortgage and one percentage point for year 2.

What are the Perks of this Option?

  • Save Monthly with reduced initial payments
  • Free up funds for the desired personal touches to your home
  • Fixed interest rates on Conventional and VA Loans
  • Program available for eligible move-in ready primary and secondary homes.

Example: Total Savings $11,343.52

This is an interest rate buy-down example for the Alston house plan at 110 South I Street.
See how this program works with a purchase price of $579,000.

Year

Rate

APR

Monthly P+I Payment

Monthly Savings

Yearly Savings

Year 1
(0-12 Months)

3.625%

5.681

$2,380.18

$624.23

$7,490.77

Year 2
(12-24 Months)

4.625%

5.681

$2,683.35

$321.06

$3,852.75

Year 3
(25-360 Months)

5.625%

5.681

$3,004.41

-

-

This scenario is an estimate only and is based on 700 FICO score and a 2/1 buydown on a total Conventional loan amount of $521,910. The purchase price of $579,900 at 90% LTV with a starting rate of 3.625% with an APR of 5.681% and an end rate of 5.625% APR. 30-year agreement (360 months).

How do extended lock rates work?

Partner with our preferred lender

When you partner with our preferred lender, FBC Mortgage, aDoor is offering two great options to get you into your new home at The Block at Bartels.

Solution 2 - Extended lock rates

When you purchase a new construction home built by aDoor Properties, FBC Mortgage can lock your current interest rate in for up to 345 days!

What are the Perks of this Option?

Homebuyers can submit an offer on their Block at Bartells dream home (regardless of the completion date) and lock in on current interest rates.

Example of What You can Save

This is an example of what you stand to save for the Alston House Plan at 110 South I Street. See how this program works with a purchase price of $579,900.

Interest Rate

APR

Monthly P+I Payment

Difference in Monthly
Payment by NOT Locking
In Early

Difference in 30 Year
Payment by NOT
Locking In Early

5.625%
Today's Rate

5.681

$3004.41

-

-

6.625%

6.689

$3341.85

$337.44/m
$4,049.28/y

$121,478.40
over 30 years

7.625%

7.697

$3,684.05

$679.64/m
$8,155.68/y

$244,670.40
over 30 years

Scenarios are estimates only and are based on a 30-year (360 Months) Conventional fixed-rate mortgage with a total purchase price of $579,900 at 90% LTV, for a loan amount of $52,1910. These are hypothetical rates only and FBC is not stating these rates are future rates.

FBC Mortgage logo
Shevlin Pierce

Shevlin Pierce

FBC Mortgage Loan Originator
NMLS# 1958021

850-450-4788
spierce@fbchomeloans.com

aDoor Real Estate logo
Megan Triolo

Meghan Triolo

aDoor Real Estate
Lead Sales Agent

850-525-5135
meghan@adoorrealestate.com

FBC Mortgage, LLC NMLS# 152859. Program terms, rates, and conditions are subject to change without notice. All products are subject to credit and property approval. All loan terms and rates are subject to final lender approval. FBC Mortgage, LLC and aDoor Properties are not affiliated and have no shared ownership. For specific information on the down payment, credit, and loan scenarios, please contact your licensed mortgage consultant. This is not a commitment to lend.