Aspire at Monarch Grove

Own Your Home for 1,082 a Month*

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Why Rent When You Can Own?

  • Spacious Designs

    With five unique floorplans to choose from, you're sure to find your perfect fit in this community of single-family homes, each providing quality comfort and design.

  • Spectacular Surroundings

    Perfectly placed in the heart of Lorain, Ohio. Homeowners enjoy being nearby local metro parks, dozens of local hot-spots, and the beautiful shores of Lake Eerie.

  • Own Your Dream

    Break free of the renting cycle and own your home, today! Enjoy contemporary interior design choices with space to accommodate the pleasures of life.

Come Visit Aspire at Monarch Grove

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Offer Terms and Conditions

*Aspire at Monarch Grove is offered by K. Hovnanian Monarch Grove, LLC. Features and options may vary. Unless stated hardscape, landscape and decorator items not included. Interest rate is as of 10/14/2020. Monthly mortgage payment of $1,082 is calculated on a sales price of $195,490, an interest rate of 2.75% (APR 3.851%) for a 30-year fixed, owner occupied, FHA mortgage, with a 3.5% down payment and a purchaser with a credit score of 710. Mortgage Insurance Premium (MIP) is required at an upfront rate of 1.75% and is financed, in addition to a monthly MIP at the annual rate of 0.85% of the amount borrowed. Monthly mortgage payment includes principal, interest, Mortgage Insurance Premium (MIP), property taxes, homeowner's insurance and HOA fees. Property taxes, homeowner's insurance and HOA fees are estimates only and may be higher. Flood insurance may be required depending on 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, LLC. Subject to final negotiation of contract terms and is subject to all RESPA guidelines. Alternative loan options available. KHAM, 3601 Quantum Boulevard, Boynton Beach, FL 33426. NMLS #3259 (www.nmlsconsumeraccess.org). Licensed by Ohio Division of Financial Institutions. Lic. RM.850228.000 See a Sales Consultant for full details. Equal Housing Opportunity.