Build Your Custom Home With Help Buying Down Your Mortgage Rate

Building a custom home involves choosing a floor plan, finishes and a homesite. It also involves financial decisions that will affect your household for years. AR Homes® helps Northwest Florida buyers plan for both. 

Through a relationship with CMG Financial, qualified AR Homes® buyers may have access to special financing opportunities, including a builder-funded mortgage rate buydown. This means AR Homes® may contribute funds toward reducing the buyer’s mortgage rate, subject to the financing program and buyer qualification. 

Why a Builder-Funded Rate Buydown Matters 

Your interest rate can make a significant difference in the monthly payment on a new custom home. Rather than offering another upgrade or incentive, AR Homes® can apply builder funds toward eligible financing options designed to reduce borrowing costs. 

CMG offers mortgage buydown programs in which third-party contributions can be applied toward reducing payments, depending on the loan program and qualification requirements. 

For buyers, this means the design decisions and the financing decisions can be planned together. 

What Qualified Buyers May Be Able to Access 

Qualified buyers may be eligible for a builder-funded interest rate buydown, which could lower the monthly mortgage payment. CMG also offers a range of mortgage products, including conventional, FHA, VA and USDA loans, along with other financing options. A CMG loan officer works with you through application, underwriting and closing. 

The goal is to design a home around the way you want to live and to structure the financing so the monthly payment works for your household. 

Building With AR Homes® in Northwest Florida 

AR Homes® builds custom homes in Niceville, Deer Moss Creek, Destin, Santa Rosa Beach, 30A, Panama City Beach and surrounding Northwest Florida communities. Each home is designed around the client’s priorities, homesite and budget. 

If you are comparing new homes, ask how a builder-funded rate buydown could apply to a custom home before you decide. 

Ready to Start? 

Explore homes, plans and the custom building process at www.arhomes.com/builder/cnc-homes-inc/ and ask how a rate buydown may apply to your build. 

Frequently Asked Questions 

What is a builder-funded mortgage rate buydown?

A builder-funded mortgage rate buydown is an arrangement in which the builder contributes funds toward lowering the buyer’s mortgage interest rate or payment. Eligibility and terms depend on the loan program and the buyer’s qualification. 

Who is eligible for the AR Homes® rate buydown?

Buyers must qualify through the applicable lender. Program availability, rates, terms and builder contributions are subject to change. 

What types of loans does CMG Financial offer?

CMG Financial offers conventional, FHA, VA and USDA loans, along with other financing options. A CMG loan officer can explain which programs are eligible for a builder-funded buydown. 

Financing programs, rates, terms, builder contributions, and eligibility are subject to change. Buyers must qualify through the applicable lender. Not a commitment to lend. 

Sources: mortgage.bankcmg.com, cmgfi.com, cmghomeloans.com