Spring 2022 Parade of Homes Guide

Page 1

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


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