October 12, 2022

Rate Drop with Silverton Mortgage

Rate Drop with Silverton Mortgage

Berkeley Building Co. and Silverton Mortgage are committed to helping people find their next home, regardless of the market. With interest rates quickly going up and expected to continue to rise, we wanted to find a way to offer our buyers some peace of mind. Get ready to go back in time when rates were low!

We've got the deal of a lifetime. Here's how it works:

Claim one of our move-in-ready homes in select communities and close by December 19, 2022.
Use Silverton Mortgage and lock in a 30-year mortgage at 4.85%*.
Move in and enjoy the bliss of new homeownership, saving hundreds each month.

Yes, you read that correctly, a 4.85%* interest rate. That rate will save you hundreds each month and thousands over the life of the loan.

Because of our Berkshire Hathaway affiliation and connection with Silverton Mortgage, we are able to offer this amazing opportunity to help you achieve homeownership. Berkeley Building Co. celebrated its 14-year anniversary, and we're in this for the long haul, regardless of the market. Our goal will always be to provide the Treasure Valley with exceptional communities and innovative homes with our focus on the customer experience. We believe that by offering this lower-rate opportunity, we can continue to grow our Berkeley family and give them the best home-buying experience.

DON'T WAIT - WE HAVE LIMITED AVAILABILITY. We have homes all over Treasure Valley in the best communities. Start your search to find your perfect home, take advantage of this deal of a lifetime and be in your new home by the holidays!

View Move-In Ready Homes Here


*Contract must be written on or after 10/24/2022. Loan must close before 12/19/2022. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires. 

**Contact your Berkeley Building Co. sales manager for a list of eligible homes. 

***Example of 95% LTV (5% Cash Down) Conventional Loan Program with $300,000 sales price. $285,000.00 loan amount - 30-year fixed rate loan with no discount points based on 360 monthly payments at $1,508.24 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. 5% cash down payment of $15,000 required. Example assumes 740 credit score and includes $1,295 origination fee, 4.93% APR, and 4.875% interest rate as of 10/24/2022. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state. 

Vanderbilt Mortgage and Finance, Inc., dba Silverton Mortgage, 1201 Peachtree St NE, Ste 2050, Atlanta, GA 30361, 404-815-0291, NMLS #1561, (http://www.nmlsconsumeraccess.org/), AZ Lic. #BK-0902616, Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act license, Licensed by the N.J. Department of Banking and Insurance, Licensed by PA Dept. of Banking, Rhode Island Licensed Lender. Licensing information: https://silvertonmortgage.com/licensing/. All information is believed accurate and is subject to change without notice. 10/2022

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