Rate based on a conventional 2-1 temporary buy down 30 year fixed loan amount of $400,000 and monthly loan payments based on a 30 year amortization. For year 1 at a rate of 4.875%(4.985% APR) and a principal and interest payment of $2,117 /mo, for year 2 at a rate of 5.875% (5.992% APR) and a principal & interest payment of $2,366/mo, and for years 3-30 a rate of 6.875% (6.99% APR) and a monthly principal and interest payment of $2,628/mo. This example includes seller paid credit and is based on a 740 FICO score and 80% loan-to-value. The monthly payment does not include taxes or insurance so your actual payment obligation will be greater. Additional restrictions/conditions may apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines. Rate as of 10/07 /22