How Our Summer Funds Sales Event Will Put Money Back In Your Pocket

Taking the leap into homeownership is an exciting step in anyone’s real estate journey. At Taylor Morrison, we understand that nerves are a natural part of the process, which is why we’re here to give you as much information as we can, answer your questions, and offer you flexible financing options tailored to your budget and lifestyle.  

Before we dive into the details, let’s discuss why homeownership could be the right next move for you.  

First, new homes are typically more energy efficient than older homes, saving you money in the long run. With better insulation, more sustainable, healthier building materials, and newer technology, the potential savings when it comes to energy efficiency is staggering! Plus, as a homeowner, you’ll enjoy increased stability, available tax benefits, design freedom, and the opportunity to build equity.  

Think you could be ready to be a happy new homeowner? If so, we have a Summer Funds Sales Event happening right now! When you purchase a quick move-in home by July 31st and close by September 2nd, you can take advantage of our limited-time 4.99% 30-year fixed-rate / 5.611% APR. Then, we’ll provide you with up to 4% (3% in NC) of the total purchase price towards your financing. You can use your Summer Funds dollars towards one or more of these options! *

Horizon model at Storyrock in Scottsdale, Arizona

Closing Costs

Closing costs are fees or expenses not included in the negotiated price. They can add up quickly! Luckily, your Summer Funds can help cover these expenses and keep more money in your pocket after closing on your new home.  

Extended Rate Lock

An extended rate lock allows you to lock in an interest rate for an extended period of time. This is valuable because interest rates can be unpredictable. We’ll help you protect your rate while your home is under construction.  

With rate terms of 6 months, 9 months, or 12 months, you can have peace of mind when making your monthly payments. Plus, if interest rates improve, you can take advantage of a “float-down” option within 30 days of your closing!  

Permanent Buydown

With a permanent buydown, you will buy down your rate to lower your future mortgage payments for the life of your loan term. This is a fantastic option if you plan to be in your new home for a long time. 

Buydowns involve discount points equating to a percentage of your loan amount paid at closing. Discount points are exactly that; a “discount” on the current market interest rates. For example, a $100,000 loan amount with 1 discount point is equal to 1% or $1,000.  

Temporary Buydown

Temporary buydown loans allow you to take advantage of a lower interest rate at the beginning of your loan term. A common loan is the 2-1 buy down loan, where your interest rate is lower for the first two years of your loan. When you “roll-back” the interest rate in the first two years, you can ease into a payment that will be comfortable for the life of your loan! Here’s how it works: 

You will save 2% on your interest rate during your first year in your new home.  

You will save 1% on your interest rate in your second year.  

And in your third year, your payment will be fixed for the remaining life of your loan.  

A portion of your Summer Funds dollars can help lower your payments temporarily, giving you more time to save during your first years of homeownership. As a bonus, if you are planning to stay in your new home long term, you can couple the temporary buydown with a permanent buydown to enjoy even more savings over the life of your loan! 

We hope you are as excited about our limited-time Summer Funds Sales Event as we are! This is a wonderful opportunity to get into a home you’ll truly love this year. As always, we’re here to help you make smart moves for your budget and life. *If you have any questions, please contact our Internet Home Consultants or Loan Consultants, and for complete details, restrictions, and licensing information, click here. Certain restrictions apply.  

From all of us at Taylor Morrison, welcome home! 

All information (including, but not limited to prices, views, availability, school assignments and ratings, incentives, floor plans, exteriors, site plans, features, standards and options, assessments and fees, planned amenities, programs, conceptual artists’ renderings and community development plans) is not guaranteed and remains subject to change, availability or delay without notice. Any community improvements, recreational features and amenities described are based upon current development plans, which are subject to change and under no obligation to be completed. Maps and plans are not to scale, are not intended to show specific detailing and all dimensions are approximate. Prices may not include lot premiums, upgrades and options. Community Association or other fees may be required. This communication is not intended to constitute an offering in violation of the law of any jurisdiction and in such cases our communications may be limited by the laws of your state. Please see a Taylor Morrison Community Sales Manager or Online Sales Manager for details and visit for additional disclaimers. For our Age Qualified Communities only: At least one resident of household must be 55 or older, and additional restrictions apply. Some residents may be younger than 55 in limited circumstances. For minimum age requirements for permanent residents in a specific community, please see Taylor Morrison Community Sales Manager for complete details.