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Securing a lower interest rate means lower monthly payments for the life of your loan.
Looking for a discount? We can offer savings off the base price and a reduction in closing costs on select quick move-in homes.
We offer a variety of loan programs to fit your needs and budget – and we’d love to help you find the best fit for you. Work with our experts to design the right program.
Legends Bay is a single family new home community offering a close-knit feel with a premier work corridor location in Baytown, TX. Fall in love with this established community, featuring a variety of thoughtfully designed floorplans suited to fit your needs.
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**Legends Bay is offered by K. Hovnanian of Houston II, L.L.C.. Interest rate 4.625% (5.404% APR) for promotional financing offer applies to select QMI homes (See a Sales Consultant for full details about qualifying homes) with new contracts written on or after October 5, 2022, and close by December 30, 2022. Interest rate is as of 11/11/2022. Monthly mortgage payment of $1,633 is calculated on a sales price of $323,437, an interest rate of 4.625% (APR 5.404%) for a 30-year Fixed, owner occupied, FHA Mortgage, with a 3.5% down payment, a purchaser with a credit score of 640, and 1.125% 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 $317,561 and sales price of $323,437. 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. K. Hovnanian is not acting on behalf of or at the direction of HUD/FHA or the Federal government. 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). Mortgage Banker Registration issued by Texas Department of Savings and Mortgage Lending.
See a Sales Consultant for full details. Equal Housing Opportunity.
Base sales price reduction is dependent on community and availability.