Beat the Heat with Cool Summer...
Beat the Heat with Cool Summer Mortgage Rates
Enjoy peace of mind and significant savings when you purchase a new Parkside Builders home and finance through Silverton Mortgage. With our special 3-2-1 Buydown Program, your interest rate drops 3% the first year, 2% the second year, and 1% the third year—before returning to the fixed rate in year four.
Here's how it works on a $335,000 home with 20% down:
- Year 1: 3.75% rate - Estimated monthly payment: $1,241.15
- Year 2: 4.75% rate - Estimated monthly payment: $1,563.98
- Year 3: 5.75% rate - Estimated monthly payment: $1,658.98
- Year 4-30: 6.75% rate - Estimated monthly payment: $1,738.24
This builder-funded incentive can be a more valuable alternative to traditional closing cost assistance. Let us help you move into a new home while keeping your monthly payments cool!
Be sure to check out other rate incentives offered through Parkside and Silverton Mortgage.
Promotional 5% rate available for qualifying contracts signed on or after 06/16/2025 and for loans that close on or before 08/15/2025. 3-2-1 Buydown may not be available with all loan programs. Offer based on a $335,000 purchase price with 20% down and a base rate of 6.75% (APR 6.872%). All loans are subject to credit approval. Rates and terms subject to change without notice. Estimated payments are for illustrative purposes only and do not include taxes or insurance. Not all borrowers will qualify. Silverton Mortgage is an Equal Housing Lender. Contact your loan officer for full terms and eligibility requirements.