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6.25% Rate*

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Buyers

*6.74 APR subject to change.

Available to qualified buyers.

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Installment sale. A real estate transaction in which the sales price is paid to the owner in installments.

Interest rate cap. A provision of an ARM limiting how much interest rates may increase per adjustment period. Se also lifetime cap.

Interest. The fee charged for borrowing money. Usually stated as a percentage.

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