Conventional: Offer constitutes a 30 year fixed rate with a 2/1 buydown. 1st year, 3.875% 2nd year 4.875% and 3rd thru 30th year 5.875%. Conventional and/or FHA loan terms and conditions do apply and purchase is subject to qualification. Conventional (EX above based on a $250K price and $200K loan amt and note rate of 6.5% and APR of 6.64%-  guidelines that include but are not limited to a minimum 10 % down payment (from buyers own funds) minimum credit score of 740, owner occupancy or second home only and max loan amount of $417K. Seller to pay for the cost of the temporary buy down. FHA guidelines that include a minimum of 620 credit score, 3% down payment (from buyers own funds, or gift from a family member). Rates may change daily and may not be available at the time of loan commitment, lock-in or closing. Borrower must close on or before 10.31.2008. Available on select lots only and when using builders preferred lender and attorney. See New Home Sales Consultant for details.