Exploring Our Lock and Sell and Buydown Opportunities

In a landscape where mortgage rates are constantly swaying up and down, finding your dream home at the right time can sometimes feel like a daunting task. At Elliott Homes, we understand the challenges that come with fluctuating rates and the importance of securing your dream home without the uncertainty of market changes—which is why we’re thrilled to introduce our exclusive Lock and Sell and Buydown opportunities on select move-in ready homes through loanDepot.* With over a century of experience in crafting top-quality new homes in Sacramento, Phoenix and Yuma, we believe that finding your dream home should be a seamless and exciting experience—and these limited-time financing incentives are set to do exactly that. Read below to learn more about these incredible opportunities and what they mean for you.

What does a rate lock and 3-2-1 buydown mean? 

In the realm of home financing, a rate lock is your key to stability in an ever-shifting market. It's a commitment from our preferred lender at loanDepot to keep your mortgage interest rate unchanged for a specified period. This ensures that you can plan your finances with confidence, shielded from the unpredictable fluctuations.

Furthermore, Elliott Homes is adding an extra layer of financial flexibility with our 3-2-1 Buydowns through loanDepot. This innovative offering provides temporary reductions in your interest rate over the initial three years of your mortgage. During the first year, enjoy a 3% reduction, followed by a 2% reduction in the second year, and finally, a 1% reduction in the third year. Essentially, it's a strategic way to ease your financial burden in the early stages of homeownership, allowing you to allocate your resources more efficiently.

With select move-in ready homes offering either a rate lock or 3-2-1 Buydown through loanDepot, we’re creating a powerful financial toolkit for potential homeowners throughout Sacramento, Phoenix and Yuma. Our team of experts understands that it's not just about securing a home—it’s about securing it with a financial plan that aligns with your goals and lifestyle. This combination of stability and flexibility sets the stage for a homebuying experience that's not only seamless and enjoyable—but also tailored to your unique needs.

What homes qualify? 

Our Lock and Sell and 3-2-1 Buydown opportunities are currently extending to ten magnificent new homes in the heart of Sacramento and one in Yuma—each residence being a testament to our commitment to quality and timeless design. Here's a sneak peek at the move-in ready homes with these amazing financing opportunities, awaiting your arrival just in time for the holidays:

1. Ponderosa at Saratoga Estates, Lot 8 - 3-2-1 Buydown
2. Placer at Rio Del Oro, Lot 161 – 3-2-1 Buydown
3. Sutter at Rio Del Oro, Lot 3 – 3-2-1 Buydown
4. Sutter at Rio Del Oro, Lot 44 – 3-2-1 Buydown
5. Manzanita at Saratoga Estates, Lot 81 – 3-2-1 Buydown
6. Manzanita at Saratoga Estates, Lot 70 - 3-2-1 Buydown
7. Alder at Saratoga Estates, Lot 49 - 3-2-1 Buydown
8. Las Barrancas, Lot 568 - Interest Rate Lock 6.990% (APR 7.56%)*

From the spacious, gorgeous homes in Saratoga Estates to the cozy, thoughtfully designed home in Las Barrancas—each home is crafted to cater to various tastes and preferences. Our Lock and Sell and 3-2-1 Buydown opportunities make these homes not just a residence—but a sound investment in your future.

More opportunities to come

The excitement doesn't end with the exceptional homes listed above—we're preparing to unveil more Lock and Sell and Buydown homes in our sought-after new home communities in Sacramento, Phoenix and Yuma. If you're ready to embark on a homeownership journey filled with possibilities, stay tuned for updates on the exquisite homes that will soon be available in these areas.

With over 100 years of experience in crafting new homes that stand the test of time, we understand the significance of homebuying, and we're here to make it an unforgettable, easy journey with these limited-time financing incentives through loanDepot. End your year with a phenomenal new Elliott home with either a rate lock or buydown available—give us a call today at (866) 984-1300 or fill out our online form to get started. 

*Only Available on Select Move-in Ready Homes. Must use our preferred lender at Loan Depot. Maximum loan amount of $750,000. Mortgage insurance is not required when LTV is 80% or less. APR = Annual Percentage Rate. Pricing shown at 70% to 80% LTV and program allows up to 95% LTV. 3 Pricing shown at 80% LTV with 780 + Fico score.