*Five Points is offered by K. Hovnanian Akron Scattered Site, LLC. For contracts entered between 3/13/24 and 4/15/24. Home must close by 4/30/24. Example: Lot 41 at Five Points. Other homes at Five Points or at other communities may or may not offer different rate programs. Seller will pay buydown for the first two years of the loan, which will temporarily reduce the monthly payment thereby lowering the effective interest rate for the first two years of an owner-occupied, 20% down payment, 30-year fixed conventional loan. Example: 5.5% (5.658% APR) 30 Year Fixed Rate Conventional mortgage, sales price of $219,990, and loan amount of $175,950. Year 1: 3.5% (5.658% APR) $986 monthly payment which includes principal, interest, estimated taxes and homeowner’s insurance as well as HOA dues, if applicable (PITI), Year 2: 4.5% (5.658% APR) $1,088 PITI, Years 3-30: 5.5% (5.658% APR) $1,195 PITI. Flood insurance may be required. Sales price used for comparative purposes is an estimated sales price and not associated with a specific home or location. Example is for illustrative purposes only; interest rates are subject to market conditions. This offer may change, or program may be cancelled without prior notice. For information about market rate trends, visit https://www2.optimalblue.com/obmmi/. Optimal Blue, LLC shall retain the exclusive ownership, all rights reserved. Seller is not a lender. Buyer is not required to finance through K. Hovnanian American Mortgage, L.L.C. (“KHAM”) to purchase a home, however, financing through KHAM is required to receive the buydown incentive. Offer subject to all RESPA guidelines. Buyer is subject to credit and underwriting qualifications, and investor program guidelines. Not available on all homes or in all communities or states. Cannot be combined with any other discounts, promotions, or incentives. Not all borrowers will qualify. Restrictions apply. This is not a commitment to lend. Subject to final contract terms, see Sales Consultants for details. K. Hovnanian American Mortgage, L.L.C. 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Licensed by Ohio Division of Financial Institutions. Lic. RM.850228.000. Equal Housing Opportunity.