How will you spend your $25k incentive?

A Bright New Future.

HOW WILL YOU SPEND YOUR $25,000 INCENTIVE CASH?

INNOVATIVE FINANCING SOLUTIONS BROUGHT TO YOU BY:

The

ultimate warm welcome. ($25,000)

Innovation Townhomes not only creates beautiful living spaces, but also cares about creating the ultimate customer experience.

One of the ways we do this is to carefully select the best real estate and lending partners to make your journey home to St. Petersburg as seamless and stress free as possible.

Our preferred lender will help you leverage your $25,000 incentive and discover innovative financing solutions to fit your lifestyle and goals.

WHEN YOU WORK WITH OUR PREFERRED LENDER YOU RECEIVE AN ADDITIONAL LENDER CREDIT OF $5,000 (MINIMUM) TOWARDS CLOSING COSTS.

What matters most to you?

3 OPTIONS TO MAKE THE MOST OUT OF YOUR INNOVATION TOWNHOME $25,000 CASH INCENTIVE & LENDER CREDIT.

Lowering my out-of-pocket costs.

Use the $25,000 incentive and lender credit towards closing costs.

Lowering my interest rate & monthly payment for 2 years.

Use approximately $15,000 to secure a temporary interest rate buydown with the remaining credit applied to closing costs.

Permanently lowering my interest rate & monthly payment.

Use approximately $20,000 to secure a permanent below market interest rate, with the remaining credit applied to closing costs.

THE FOLLOWING OPTIONS ARE BASED ON THIS EXAMPLE

Monthly Payment Breakdown Mortgage Amount

$659,920

Interest Rate

6.50%

Term in Months

360

Principal & Interest

$4,386.03

Property Tax (est)

$930

Purchase Price

$824,900

Homeowner's Insurance (est)

$150

Down Payment (20%)

$164,980

Expenses Breakdown

Flood Insurance

$-

Mortgage Amount

$659,920

Mortgage Insurance/mo

$-

Est. Settlement Costs

$18,000

HOA Dues

$257

Est. Prepaids (escrow)

$10,000

Estimated Payment/mo

$5,723.03

Total Cash to Close $192,980

Option 1: TOTAL CASH TO CLOSE

Cash To Close + $192,980

$162,980

Incentive - $25,000

MONTHLY PAYMENT $5,723.03 (EST.)

Preferred Lender credit - $5,000* (MIN)

Option 2: Cash To Close + $192,980 Incentive - $9,275 Preferred Lender credit - $5,000* (MIN) Total Cash to Close $178,705

MONTHLY PAYMENT

$4,877.73

$5,291.48

$5,723.03

MONTHLY SAVINGS

$847.47

$433.72

0

Option 3: Cash To Close + $192,980 + cost for 1% below market rate + $20,000 Incentive - $25,000 Preferred Lender credit - $5,000* (MIN) Total Cash to Close $182,980

MONTHLY PAYMENT $5,188.11 (EST.)

*Examples of possible loan scenarios only; final numbers will vary based on current interest rates and loan amounts. Lender credit is a minimum of $5,000 or 1% of the total loan amount, and only applies with our preferred lender, Rachel Saylor Brown of Supreme Lending.

Meet your specialists!

Rachel Saylor Brown PRODUCING AREA SALES MANAGER NMLS #1307360 O 803.429.2203 E RACHEL@SUPREMELENDING.COM 2270 DREW ST STE A, CLEARWATER, FL 33765

Emily VanAllen O 727.698.5708 M 907.612.0080 E EMILY.VANALLEN@ELLIMAN.COM 100 BEACH DR NE, SUITE 102 ST. PETERSBURG, FL 33701

Nicoleta Forbes O 727.698.5708 M 470.252.2145 E NICOLETA.FORBES@ELLIMAN.COM 100 BEACH DR NE, SUITE 102 ST. PETERSBURG, FL 33701

Established in 1999, Supreme Lending has over 20 years of expertise in the mortgage industry, earning recognition as a Top 100 Mortgage Company by Mortgage Executive Magazine. With a commitment to personalized service, the company skillfully facilitates successful home purchases, creating a friendly and approachable atmosphere for individuals navigating the complexities of homeownership. www.supremelending.com

Established in 1911, Douglas Elliman is a trusted and experienced figure in real estate, earning accolades like the Inman Innovator Award. With over a century of navigating market dynamics, the company's commitment to excellence makes it a reliable partner for those seeking a residence aligned with their aspirations. www.elliman.com

www.innovationtownhomes.com

Notices. Everett Financial, Inc. DBA Supreme Lending (www.nmlsconsumeraccess.org), NMLS #2129 14801 Quorum Drive, Suite 300, Dallas, TX 75254 | 877-350-5225. Solicitations made to and applications accepted from residents in AL, AK, AZ, AR, CA: Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; CO, CT, DE, DC, FL, GA, Hawaii Mortgage Loan Originator Company License HI-2129, Mortgage Servicer License MS144, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA: Mortgage Company MC2129; MI, MN, MS, MO, MT, NE, NH, NJ: Licensed by the N.J. Department of Banking and Insurance; NM, NC, ND, NV, Licensed New York Mortgage Banker NY Office: 5385 Main St., # 1, Williamsville, NY 14221, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY. This is not an offer to enter into an agreement. Information, rates, and programs are subject to change without prior notice and may not be available in all states.

All loans are subject to credit and property approval. Supreme Lending is not affiliated with any government agency. Copyright © 2023. Everett Financial, Inc. DBA Supreme Lending. All rights reserved. Equal Housing Opportunity Lender.