*Advertised mortgage rate assumes and is based upon a Non-Conforming (JUMBO) purchase mortgage with a 30-year term on an owner-occupied primary residence with a note start rate of 7.875% discounted to 6.625% as published on the lender’s rate sheet as of November 17, 2023; borrower FICO >= 780; 20% borrower funded down payment ($250,000) (80% LTV); $1,000,000 loan amount; $1,250,000 purchase price and 60-day rate lock pricing and a UIC Homes funded note rate discount payment plus a UIC Homes 1-0 Buy-Down pre-payment both totaling $56,718.55 and due at closing, producing a Year-1 rate of 5.625% and Year 2-30 rate of 6.625%. Extended rate lock programs are not available currently and, if they become available to qualifying purchasers, will be at additional cost. Mortgage insurance may be required. Actual rate and/or monthly payment may be higher. Annual Percentage Rate (APR) is 7.057% or higher. Information provided is not a commitment to lend. Eligibility is subject to property and credit approval, including loan application, verification and underwriting, and only available to qualified purchasers for a limited time. Loan program and other restrictions apply. Example terms and loan program guidelines and requirements, as well as interest rates, are subject to change at any time without notice. UIC Homes may withdraw or cancel this promotion at any time without notice. Promotion available to UIC Homes customers choosing to utilize Framework Mortgage, LLC d/b/a Groundwork Mortgage (“GWM”), a Missouri, Kansas and Illinois licensed equal housing mortgage company, with a UIC Homes funded note rate discount payment and temporary buy-down pre-payment at closing not to exceed the lesser of $57,000.00 (maximum), or the actual applicable required discount and buy-down pre-payment cost, or the applicable seller concession limit. Customers are not required to choose GWM to purchase a home from UIC Homes. It is customer’s sole choice whether to utilize GWM’s mortgage origination services. There are frequently other providers of the same services as GWM. Customers are encouraged to shop around to determine that customers are receiving the best service and rates. This information is not a commitment to extend consumer credit as defined by section 226.2 Regulation Z. NMLS 1211416, Missouri mortgage company licensee 21-2198, Kansas mortgage company license MC.0025760, Illinois residential mortgage licensee MB.6761278. 687 Trade Center Blvd., Suite 120, Chesterfield MO 63005 (636) 537-1005. 1915 Industrial Drive, Suite 200, Liberty MO 64068 (816) 708-0001.
%402x.png)
