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Interest rates shown reflect a 2-1 temporary buydown from a base rate of 6.875% (APR 7.406%), based on a $419,900 sales price and $335,920 loan amount for a 30-year fixed Conventional loan with 20% down. The first-year rate is 4.875%, the second year is 5.875%, and years 3–30 are at 6.875%. Buydown is builder-funded by Chesapeake Homes and applies only to select new construction homes financed by Tidewater Mortgage Services, Inc (NMLS 71158).  Chesapeake Homes reserves the right to modify or cancel this promotion at any time without prior notice.  Loan approval is not guaranteed and is subject to underwriting approval.  Loan must close by 7/30/2025.  Prices, rates, terms, and availability of homes are subject to change without notice. Additional restrictions may apply.  This is not a commitment to lend. Homes must close by July 31, 2025.

 

Chesapeake Homes and Tidewater Mortgage Services, Inc. are Equal Housing Opportunity providers.