**23 North is offered by K. Hovnanian at 23 North, LLC. Savings promotion applies to select QMI homes with new contracts written on or after 11/15/22, and close by 12/30/22. Interest rate is as of 12/2/2022. Monthly mortgage payment of $1,679 is calculated on a sales price of $379,990, an interest rate of 5.25% (APR 5.346%) for a 30-year Fixed, owner occupied, Conventional Mortgage, with a 20% down payment, a purchaser with a credit score of 740, and 1.375 % discount points paid by the seller. For information regarding current market rates, please visit https://www.freddiemac.com/pmms. Rates may change or not be available or funds may be exhausted. Buyer is subject to qualification for specific loan terms, occupancy, down payment, credit and underwriting requirements, and/or investor program guidelines. Estimated loan amount of $303,950 and sales price of $379,990. See a Sales Consultant for full details on select QMI homes, not available in all states, communities or homes. Monthly mortgage payment includes principal and interest only. Property taxes, homeowner’s insurance, and HOA fees are not included and may apply. Flood insurance may be required depending on the location of the home. Interest rate quote is not guaranteed and is subject to market conditions and may change or program may be cancelled without prior notice. Available only for closed purchase agreements with financing through K. Hovnanian American Mortgage, L.L.C. Subject to final negotiation of contract terms and is subject to all RESPA guidelines. Alternative loan options available.
Options, upgrades, and/or closing costs will vary by community and homesite. Incentives may not be combined with any other offers. Seller contribution limits apply and may affect maximum financing. Maximum closing cost assistance may vary based on the purchase price, product and occupancy. The incentives are based on the use of K. Hovnanian American Mortgage, L.L.C. ("KHAM") for financing or an all cash purchase. If KHAM or all cash is not used, the incentives will be reduced by up to $10,000 or 3% of the purchase price. K. Hovnanian American Mortgage, L.L.C. 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Licensed by Arizona Department of Insurance and Financial Institutions. Lic. #906585. ©2022 K. Hovnanian Great Western Homes, LLC. K. Hovnanian Arizona Operations, LLC. ROC 188563. ©2022 K. Hovnanian Arizona New GC, LLC, an Arizona limited liability company. ROC 277023. See a Sales Consultant for full details. Equal Housing Opportunity.