The Providence Group Partners with Fidelity Bank to Offer 2-1 Buydown Program

The Providence Group of Georgia, LLC, a Green Brick partner, is excited to announce that it is partnering with Fidelity Bank to offer a 2-1 Buydown Program.

This special mortgage financing opportunity for loans saves buyers money over the life of their loan by securing a fixed rate, helping to ease into monthly payments and interest rate, and increases cash flow for up to two years.

During the first year of the loan, the rate will be two percent lower than the locked in rate. During the second year of the loan, the rate will be one percent lower than the locked in rate. Then, for the remainder of the loan, the buyer will pay their secured fixed rate.

For instance, buyers can reduce their monthly payments by $461.20 a month, saving $5,534.40 over the course of a year.*

The 2-1 Buydown Program is available on all homes at Dunwoody Towneship and Bellmoore Park and single-family homes only at Brookmere at Johns Creek.

Priced from the $410,000s, Dunwoody Towneship is a gated community featuring upscale townhomes with three-story layouts, two-car garages and elevator options per plan. Amenities include a pocket park and gated pedestrian access to the Georgetown Shopping Center with a variety of shops and restaurants.

Named 2016 Master Planned Community of the Year, Bellmoore Park in Johns Creek is priced from the mid $400,000s to $1 million and will feature over 600 luxury and low maintenance homes. Amenities include a clubhouse with fitness center, two pools, eight lighted tennis courts with viewing stands and covered pavilion, playground, wedding garden, large oval park with bandstand, event lawn and kid's splash pad, plus over 70 acres of green space and small parks.

Single-family homes at Brookmere at Johns Creek, a gated, luxury new home community, are priced from the high $400,000s and $600,000s. Homeowners enjoy an extensive amenity package, including a clubhouse, pool and tennis courts combined with HOA maintained lawns providing a low maintenance lifestyle.

To submit a loan application today, visit Fidelity Bank online. To learn more about The Providence Group's homes, check out www.theprovidencegroup.com.

*Loans subject to normal credit approval criteria. Additional program restrictions may apply. Products are subject to change. Based on loan amount of $424,100 and a sales price of $530,125. $2,055.39 P&I payment at 4.125% interest rate as of 2/22/17.