Denver, Colo. – October 2017 – Lennar is super excited to be the first to offer a Student Loan Mortgage Program, created by their preferred lender Eagle Home Mortgage. The program works by allowing homebuyers to receive up to 3 percent of the purchase price of their new Lennar home to pay off student loans.
“We are so thrilled to offer this program because we know that student loan can be a huge barrier to individuals who want to become a first-time homebuyer,” said Carrie Castilian, Marketing Manager for Lennar Colorado. “It’s great to be able to expand even further on what we do best, making the dream of homeownership a reality!”
In the U.S., 41 percent of college educated Americans have postponed trying to buy their first home directly because of their student loan debt. Now, with our Student Loan Debt Mortgage Program, student loan debt no longer has to be a barrier.
Lennar Colorado is offering the program at 27 communities in several cities. With communities in Aurora, Commerce City, Castle Pines, Arvada, Thornton, Elizabeth, Denver, Parker, Erie, Longmont and Littleton now selling new homes that are participating in the program, homeshoppers have a wide variety of locations, home designs and price points to choose from.
Lennar has always distinguished themselves through other builders in part through their signature Everything’s Included® program, which also helps simplify the new homebuying process while adding tremendous value. It works by including today’s popular features and upgrades as standard, instead of charging extra to the purchase price of the home, which in turn allows homebuyers to get the home of their dreams without having to watch the price tag climb.
Because of Lennar’s national purchasing power they are able to include today’s hottest features in their new homes in an affordable way. Lennar Colorado offers Everything’s Included features in all their new homes such as granite or quartz countertops, beautiful kitchen cabinetry, the latest in home automation technology, commercial strength Wi-Fi and so much more, with specific features varying per community.
It’s a great time to enter the new home market and the Student Loan Mortgage Program is making it easier for many homebuyers than ever before. Start your search today or learn more by visiting https://www.lennar.com/New-Homes/Colorado/Denver/Promo/COSLEN_Eagle_Student_Loan_Program.
With hundreds of communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has grown to become one of the nation’s leading and most respected homebuilders. Lennar has a longstanding history of building homes of enduring quality in only the most well planned and desirable locations throughout the country.
Limited Time Only, the availability of student debt assistance through the Student Loan Debt Mortgage Program is limited. Offer available on select and qualifying inventory homes. The Student Loan Debt Mortgage Program is a Fannie Mae pilot program and is currently only available to purchasers of Lennar Homes, LLC (“Lennar”) that finance through Eagle Home Mortgage, LLC (“Eagle”). You are NOT required to use Eagle as a condition for purchase of a Lennar home. However, as a pilot program, the Student Loan Debt Mortgage Program is only available through Eagle. This offer is subject to borrower meeting approval guidelines. The Student Loan Debt Mortgage Program and seller contribution limits are subject to certain Fannie Mae terms, conditions and restrictions. Rates and terms are subject to change without notice. Contact your loan officer for Student Loan Debt Mortgage Program details and your new home consultant for home purchase details. You are free to shop around to determine that you are receiving the best services and the best rate for these services. Lennar and Eagle have business relationships with each other. Lennar and Eagle are, directly or indirectly, wholly owned by Lennar Corporation. For additional information please visit their websites www.Lennar.com and www.eaglehm.com. This offer is subject to change and may be withdrawn or discontinued at any time without notice. Eagle Home Mortgage, LLC – Company NMLS #1058. RMLA #4130383.