Rate Alert: 3.25% Year 1, 4.25% Year 2, 5.25% Years 3 – 30!

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February 26th, 27th & 28th

*3.25% Year 1/ 4.25% Year 2 & 5.25% Years 3-30 FHA* or Conventional** Interest Rate!

Available on all Quick Move – In Homes and Townhomes that can close within 60 Days.

This Special Rate Incentive is not available on contingent contracts or on sales contracts written prior to 2-26-10. Financing rate available only on purchases written this weekend 2/26/10 thru 2/28/10. Loan application must be submitted to SP Mortgage prior to 9AM on 3/1/10.

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*Rate example is based on a sales price of $200,000 with 3.5% down payment and minimum credit score of 620. The mortgage is a 30 year-fixed rate FHA loan with a seller paid 2-1 buydown on a base loan amount of $196,378; 1st year interest rate of 3.25%, 2nd year interest rate of 4.25% and years 3-30 at 5.25% (5.982% APR). 2-1 buydown requires estimated monthly principal and interest payments as follows: Year 1 $854.65, Year 2 $966.06, Years 3-30 $1084.40. Monthly taxes, HOA, mortgage insurance and hazard insurance are additional and are not included in the above payments.

**Rate example is based on a sales price of $200,000 with a 10% down payment and minimum credit score of 740. The mortgage is a 30 year-fixed rate conventional loan with a seller paid 2-1 buydown on a base loan amount of $180,000; 1st year interest rate of 3.25%, 2nd year interest rate of 4.25% and years 3-30 at 5.25% (5.805% APR). 2-1 buydown requires estimated monthly principal and interest payments as follows: Year 1 $783.37 , Year 2 $885.49, Years 3-30 $993.97. Monthly taxes, HOA, Mortgage insurance and hazard insurance are additional and are not included in the above payment. Loan programs are subject to credit approval and are
offered through Standard Pacific Mortgage, an Equal Opportunity Housing Lender. Financing incentive is included in current incentives and is not in addition to. Rates subject to change or cancellation prior to contract without notice.

Interest rates, loan programs, sales price and payments are estimates only and are subject to change without notice. Restrictions may apply. Buydown Rates are only valid on purchases written and accepted b/w 2/26/10 & 2/28/10 and that close by 4/26/10. Sales prior to 2/26/10 and contingencies are excluded. See sales for details. Standard Pacific Mortgage, INC. is licensed by: the North Carolina Commissioner of Banks AL-146109-101,-102,L-146109. 2-26-10