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First-time homebuyers can get 2.875% with just 3.5% down

August 19, 2019


Interest rates dropped again a few weeks ago and Riverside Homebuilders has decided to dig a little deeper to make it even more affordable to buy your first new home. First-time homebuyers can get 2.875%* with just 3.5% down when buying one of our new homes in a variety of our communities in the DFW metro area.

Choose from any of our single-family homes, up to $300,000, at your pick of these outstanding communities:

Hillcrest Meadows offers an easy drive to Fort Worth and a home that’s nestled in the rolling hills of Decatur. Riverside Homebuilders includes a 1-acre lot with every home here, and our floor plans range from 1,929 to 2,254—the perfect fit for your first home! The single-family homes in Hillcrest Meadows start at $264,900. With 3.5% down and 2.875% for a 30-year, fixed rate mortgage, your monthly principle and interest (P&I) payment would be $1,263, including private mortgage insurance (PMI, required when the down payment is less than 20% of the purchase price). That’s for a brand new, fully warrantied home, with all the luxury conveniences you want. Look at these Hillcrest Meadows homes ready for quick move-in as well as the new home designs.

Indian Harbor lets you live lakeside on Granbury Lake, 10 minutes outside the charming town of Granbury. This gated community’s amenities feature the added luxury of a clubhouse, swimming pool, teen center, and a marina with boat slips. Our new construction homes in Indian Harbor span 1,839 to 2,254 square feet of beautifully crafted living space. Priced from $239,900, first-time homebuyers can pay as little as $1,150 per month (P&I) for this high quality lifestyle. We have homes for sale here right now, or use this special financing offer to build one of our floor plans.

Kimbrough Place gives you the best of country living in Azle. Eagle Mountain Lake and Shady Grove Park are less than a mile from our community. Imagine all the recreation and relaxation you can experience in this location. Riverside Homebuilders has developed an appealing selection of floor plans to blend with the scenic surroundings, with new homes starting at only $238,900 for 3 and 4 bedrooms and as much as 2,175 square feet. That’s only $1,145 a month. Why pay rent when you can own?

Springwood Ranch gives you the spaciousness of a 1-acre yard in a peaceful neighborhood in Springtown. With the sprawling spaces and scenic views, you might think you’re far from the city, but Fort Worth is only 23 miles away. Live close to Eagle Mountain Lake, Cross TImbers Golf Course, La Buena Vida Winery, and so much more. Take your pick of stunning single-level homes with 1,981 to 2,254 square feet. Buy one of the new homes in Springwood Ranch for as little as $264,900. With our special financing offer, your monthly P&I payment is just $1,269, including the PMI. Move in right away to one of these homes for sale or let Riverside Homebuilders build one just for you.

Vintage Square is a must-see for first-time homebuyers, with single-family homes from only $204,900—that could be a mortgage payment of just $982! Our community of new homes is in Gainesville—known as “the front porch of Texas”—a quiet town about 30 minutes north of Denton, and includes its own pool just for Vintage Square residents. This location is also close to Lake Ray Roberts. Locally, Gainesville has parks, playgrounds, picnic areas, recreation fields, and an aquatic center that’s equipped with a water slide, climbing wall, and much more. Get ready for quick move-in with one of the available homes in Vintage Square or choose a floor plan, from 1,703 to 2,095 square feet.

Near Lake Como and White Settlement in Fort Worth, Riverside Homebuilders has a selection of move-in ready homes and homesites. Our goal is to provide high quality, affordable housing in the city. Choose a floor plan between 1,486 and 1,693 square feet, each with a 2-car garage, from $176,900. That means you could pay $848 a month for a brand new home, replacing the cost of renting with the value of investment.

This special financing offer is only for first-time homebuyers, because Riverside Homebuilders wants to give you the opportunity to make this upgrade to your life. Choose one of the move-in ready homes in these communities or build your own. Contact Rachel at Riverside Homebuilders to get started, including pre-approval (it’s quick to do). Then lock in your rate for 85 days while you choose your new home. Use this handy mortgage calculator to see what you can afford.

*Interest rate based on 3.5% down payment 30 year fixed rate FHA financing with a 1% origination fee and 1.4% discount fee to reach a 2.875% interest rate with a 4.522% annual percentage rate. Loan subject to qualifications with approved credit. Financing provided by Preferred Lender.

Riverside Homebuilders
3045 Lackland Road Fort Worth, TX 76116
Sales: Call or Text (817) 601 - 6230
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