Rate Buy-Down Incentive

Details and Disclaimers

Spire is excited to announce a temporary rate buy-down incentive.

For a limited time, Spire’s affiliated mortgage lender is offering a temporary 2/1 buy-down with rates starting as low as 4.875% for the first year and 5.875% for the second year of a conforming 30 year fixed mortgage.*



*Buyer is not required to finance through Affiliated Lender to purchase a home; however, Buyer must finance through Affiliated Lender to receive this Promotion. Interest rates and available loan products are subject to underwriting, loan qualification, and program guidelines. Seller incentives will be offered for buyer to use towards paying closing costs and/or the cost of the temporary buy-down. Incentives are subject to change at any time without notice. Valid on new contracts only. Not valid on Penthouse Sales or existing contracts. The incentive promotion is applicable only to primary and second home purchases. The seller incentive amount and temporary buy-down cost will vary based on down payment, FICO scores and loan amount distributed.


**Calculations based on 25% down and 780+ credit using 6.875% rate as base rate, as of 1/16/24. Mortgage and Interest payment only. HOA and property taxes are additional.


Posted January 10, 2024