Welcome to Park Square Homes
When it comes to building homes, we’re perfectionists. We can’t help it. We obsess over getting every detail right because that’s what you and your family deserve. And while we want you to love your new home, we also want you to love building it. So we make the entire process personal, pleasant, and as painless as possible - all while building the finest homes throughout Central Florida.
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Park Square Home Mortgage, LLC (“PSH Mortgage”) NMLS ID# 1683180. PSH Mortgage is a joint venture between Park Square Homes and FBC Mortgage, LLC (NMLS#152859). All products are subject to credit and property approval. Programs, rates, program terms and conditions subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. This is not a commitment to lend. *Scenario is an estimate only and is based on primary residences only, 640 FICO score and a 1/0 buydown on a $350,000 purchase price with an FHA 30-year agreement (360 months) fixed rate loan amount of $343,660 (includes Mortgage Insurance Premium) with 3.5% down payment. Year 1 (0-12 months) rate at 3.99%, APR of 5.769%, and monthly Principal & Interest payment of $1,638.70, year 2-30 (13-360 months) rate of 4.99%, APR of 5.769%, and monthly Principal & Interest payment of $1,842.74. The rate of 3.99% is based on a builder paid forward commitment to buydown the market rate. The forward commitment may not be available on all loan programs and is subject to availability of funds. Homes must close prior to forward commitment expiration to qualify; see your Park Square Homes representative for further details on expiration terms. This forward commitment requires a minimum credit score of 640 for Government loans; exceptions may apply for lower scores with additional costs. 1/0 Buydown Program: Rate reduction up to 1%; buy down rate for up to 1 year; adjusts 1% each year; returns to original fixed rate after buy down period; builder will pay for buy down. **“All Closing Costs” offer is determined from a seller credit of up to $18,000. Credit may not exceed the actual closing costs amount. Builder’s offer terms are subject to change without notice. Borrower is not required to finance through PSH Mortgage but must use PSH Mortgage in order to receive incentives. Broker commission is 3% and earned and paid at closing. This offer shall not constitute a valid offer in any state where prior registration is required or if void by law. Only available in select Park Square Homes communities on select inventory homes with contracts signed by 12/31/2024 on homes that can close by 1/31/2024. See Park Square Homes New Home Counselor for details. Rates effective 11/15/2024
