SPRING PARADE OF HOMES HOMES BY PRICE
April 22 - 24 th & April 29 - May 1st
Stillbrooke Homes
$649,300
16
Hakes Brothers
$738,000
10
12
RayLee Luxury Homes
$850,000
22
$558,368
15
Lowe-Bo Homes LLC
$886,311
18
$560,139
2
Enchanted Spaces LLC
$1,165,000
1
RayLee Homes: A New Generation $564,000
11
Crescent Custom Homes
$1,400,000
19 21
Twilight Homes
$383,990
13
Twilight Homes
$451,525
4
Twilight Homes
$503,990
Amreston Homes LLC Amreston Homes LLC D.R. Horton
$585,035
7
RayLee Luxury Homes
$1,600,000
Westway Homes
$595,845
3
Abrazo Homes LLC
N/A
8
Pulte Homes
$599,990
6
Fellowship Homes
N/A
9
Twilight Homes
$635,990
14
Joseph Custom Homes
N/A
17
Hakes Brothers
$641,000
5
Joseph Custom Homes
N/A
20
11 am – 5 pm
Northeast Heights
Rio Rancho
COLOR CODE KEY FOR ENTRY NUMBERS
Southeast Heights
Corrales
Westside
Los Lunas
Placitas
Valley
If you require special assistance, please call the Home Builders Association of Central New Mexico at (505) 344-3294.
Construction Lending at Flagstar Bank Tour 22 beautiful and innovative Albuquerque-area homes during the 2022 Spring Parade of Homes.
paradenm.com
One-close Construction • • • • •
Construction Draw • • • • •
Most homes have a virtual tour available.
Consolidate construction and purchase for only one set of closing costs and fees Pay just interest-only payments during construction1 Option to avoid requalification post-construction available2 Borrow up to $647,200 (or more in high-cost areas) Enjoy simple and flexible draw process with no set schedule
Build a new primary home—whether upgrading or downsizing Low down payment on primary residence3 Pay just interest-only payments during construction Choose from a variety of Flagstar loans once construction period is complete4 Build over a 12-month construction term5
LOAN THANH PHAN
Senior Mortgage Loan Oicer NMLS 595174 loan.phan@flagstar.com (505) 504-6862 6745 Academy Road, Suite B Albuquerque, NM 87109
Equal Housing Lender | Member FDIC
Borrower must have an escrow waiver to be eligible for interest-only payments during construction. If not, borrower will be responsible for making interest, tax, and insurance payments monthly. 2 Borrower must have put down a minimum of 30% or have a sufficient credit score to qualify to avoid requalification. 3 Eligible in specific areas dependent on property occupancy (CA counties: Alameda, Contra Costa, Los Angeles, Marin, Monterey, Napa, Orange, San Diego, San Francisco, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Sonoma and Ventura. Michigan cities: Birmingham, Bloomfield. WA counties: San Juan, King. WY counties: Teton, Albany). 4 Borrower must qualify for end loan financing prior to construction, and upon completion of the construction of the dwelling. 5 12-month construction loan period. Borrower must close on the end loan after construction is complete. Programs available to qualified borrowers. Underwriting terms and conditions apply. Programs subject to change without notice. Some restrictions may apply. 1