©2026 Davidson Homes, Inc. | All Rights Reserved | Davidson Homes is a leading builder of quality new homes in Alabama, Arizona, Georgia, North Carolina, Tennessee and Texas. Davidson Homes reserves the right to adjust items listed without prior notice or obligation. Such items may include, but are not limited to, options, included features and community information, pricing, amenities, terms or availability. Features, options, floor plans, elevations, colors, sizes and photographs are for illustration purposes and will vary from homes built. Please see your community specialist for details.
Davidson Homes Mortgage. NMLS#1773914. Licensed in AL, AZ, GA, NC, TN, TX. Additional license information available at NMLS Consumer Access: www.nmlsconsumeraccess.org.
PAYMENT EXAMPLE: Based on a purchase price of $329,990, a 3.5% down payment of $11,549.65, a base loan amount of $318,440, plus financed FHA upfront mortgage insurance premium of $5,572.70, for a total loan amount of $324,012. Assumes a 680 FICO score and an initial interest rate of 3.75% (5.845% APR) on a 30-year FHA 5/1 Adjustable-Rate Mortgage. Initial principal and interest payment is $1,500.55 per month for the first 60 months. Monthly FHA mortgage insurance premium of approximately $145.95 is also required and, at this loan-to-value ratio (96.50%), continues for the life of the loan, bringing the total initial monthly payment to approximately $1,646.50. Payment amounts do not include property taxes, homeowners insurance, HOA dues, or other escrow items; your actual payment obligation will be higher. Borrower must complete a credit application, meet established credit guidelines, establish a tax and insurance escrow account, and pay the required 3.5% down payment. ADJUSTABLE RATE TERMS: The interest rate is fixed for the first 60 months. Beginning with month 61, the rate adjusts annually based on the 1-Year Constant Maturity Treasury (CMT) index plus a margin of 1.75%. As of 7/28/2026, the index was 4.14%, producing a fully indexed rate of 5.89%. Rate adjustments are limited to 1% at the first adjustment, 1% at each subsequent adjustment, and 5% over the life of the loan, for a maximum possible interest rate of 8.75%. If the rate increased to 4.75% at the first adjustment, the estimated principal and interest payment would be approximately $1,663.96 per month. At the maximum possible rate, the estimated principal and interest payment would be approximately $2,342.21 per month. The interest rate will not be less than 3.75%. Because the initial rate is at the rate floor, your payment may increase but will not decrease as a result of rate adjustment. No prepayment penalty applies. Interest rates effective 7/28/2026 and subject to change without notice. NorthStar Mortgage Advisors does business in accordance with federal fair lending laws and is approved to participate in FHA programs; however, the products and services described are not provided by or approved by HUD or FHA. Davidson Homes is not a mortgage broker or lender and does not make credit decisions. There is no financial affiliation or association between Davidson Homes and NorthStar Mortgage Advisors; each entity is independent and responsible for its own products, services, and incentives. Pricing, features, and availability subject to change without notice. See New Home Consultant for complete details.
