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Ivory Homes
Premium Rate
Premium Rate = More Home or Lower Payment
Ivory Homes is an industry leader in offering extremely aggressive rates on specific homes by partnering with Momentum Loans. Ivory's Premium Rate may allow you to either afford you significantly more home or heavily reduce your monthly payment.*
*Numbers are for comparison purposes only and may not represent available market rates or pricing. This scenario was based on rates as of June 13th, 2024 for a $500,000 30 year fixed rate loan OAC.
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Without
Ivory Incentives
Initial Price
$642k
Down Payment
$140k
Est. Interest Rate
6.50%
Monthly
Payment
(Principle & Interest)
$3,287
Monthly Savings
$0
Added Buying Power
$0
Savings Over the
Life of the Loan
$0
$0With 3%
Ivory Incentives
Initial Price
$642k
Down Payment
$140k
Est. Interest Rate
6.50%
Monthly
Payment
(Principle & Interest)
$3,035
Monthly Savings
$252/MO
Added Buying Power
$43k
Savings Over the
Life of the Loan
$90,720
With 5%
Ivory Incentives
Initial Price
$642k
Down Payment
$140k
Est. Interest Rate
6.50%
Monthly
Payment
(Principle & Interest)
$2,871
Monthly Savings
$416/MO
Added Buying Power
$76k
Savings Over the
Life of the Loan
$149,760
When buying with Ivory & financing with Momentum Loans, you can save:
$416 every month & $76k over the life of the loan!*
That's a LOT of money. Don't wait.
*Terms and conditions apply. Ivory Homes is not a lender. Not available on all homes. Only available through Momentum Loans. NMLS#1606597 Credit approval required.
*NOT FOR DISTRIBUTION TO THE PUBLIC
Current Par Rate: Conventional: 7.50% (based on 20% down 740 credit score) | FHA: 7.125% (based on 3.5% down 700 credit score) | Premium Rate Incentive Option: CONVENTIONAL programs ONLY: 5.49% - 5.875%
Pool Currently $1M available.
April 23rd Option: Requires 6.0% to be built into the contract with no closing costs. Premium Rate Addendum required. ?
Rate cannot be bought down below 5.49%.No 2-1 Buydown Option available. Owner Occupied, Second Homes and Investment properties allowed.
For any enquiries, questions or comments please contact us.
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SALT LAKE CORPORATE OFFICE & DESIGN CENTER
978 Woodoak LaneSalt Lake CIty, UT 84117
DAVIS COUNTY OFFICE & DESIGN CENTER
1536 N Woodland Park Dr. Ste. 210, Layton, UT 84041
ST. GEORGE OFFICE & DESIGN CENTER
1611 East 2450 South #4ASt. George, UT 84790
