*For new contracts written between 9/27/24 and 10/31/24. Home must close by 11/29/24. Seller will pay buydown for the first three years of the loan, which will temporarily reduce the monthly payment thereby lowering the effective interest rate for the first three years of an owner-occupied, 3.5% down payment FHA loan. Example: 3.99% (4.768% APR) 30 Year Fixed FHA mortgage, sales price of $457,000, and loan amount of $448,717. Year 1: 0.990% (4.768% APR), Year 2: 1.990% (4.768% APR), Year 3: 2.99% (4.768% APR), Years 4 – 30: 3.99% (4.768% APR). Mortgage Insurance Premium (MIP) is required at an upfront rate of 1.75% and is financed, in addition to monthly MIP at the required annual rate. 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. For information about market rate trends, visit https://www2.optimalblue.com/obmmi/. Optimal Blue, LLC shall retain the exclusive ownership, all rights reserved. This offer may change or be cancelled without prior notice. Seller is not acting on behalf of or at the direction of HUD/FHA or the Federal government. 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. This is not a commitment to lend. 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. Subject to final contract terms, see Sales Consultant for details. K. Hovnanian American Mortgage, L.L.C. 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Mortgage Banker Registration issued by Texas Department of Savings and Mortgage Lending. Equal Housing Opportunity.