© 2023 Offerpad
Eligibility and prices vary. Real estate brokerage services provided by Offerpad Brokerages. Terms and conditions apply.
To learn more, speak to your Offerpad representative or visit www.offerpad.com/terms-of-use.
Offerpad Brokerages hold real estate brokerage licenses in multiple states. Click here for a list of our real estate brokerage licenses.
TREC Info: Information About Brokerage Services | Consumer Protection Notice
Offerpad Brokerage CA Inc.
Real Estate broker, California Department of Real Estate
California DRE #2087915
*Limited Time Fixed Interest Rate 4.99% / 5.70% APR; Fixed Interest Rate 5.50% / 6.236% APR (“Promotion”) valid on contracts entered as of 12/22/23 – 1/5/24 on select Offerpad-owned Homes (each an “Eligible Home”) that close on or before 3/29/24 (“Promotion Period”). The advertised annual percentage rate (“APR”) of 5.70% is calculated using seller incentives and is based on an FHA 30-Year fixed rate mortgage with a Total Purchase Price of $350,000 and a loan amount of $337,750, 3.50% down payment and 660 median credit score. Available for FHA loan limits, owner-occupied only. The advertised APR of 6.236% is calculated using seller incentives and is based on a Conventional 30-Year fixed rate mortgage with a Total Purchase Price of $350,000 and a loan amount of $315,000, 20% down payment and 760 median credit score. Available for conventional conforming loan limits, owner-occupied only. Offerpad, through Offerpad Mortgage, LLC (“Affiliated Lender”), has a fixed interest rate for a limited pool of funds (minimum loan amount $200,000). Rate(s) may change or not be available at the time of loan commitment, lock-in or closing if funds are exhausted. Actual savings may vary. For eligibility for the promotion, Qualified Buyers of an Eligible Home must (1) pre-apply with Affiliated Lender by visiting www.offerpadhomeloans.com prior to submitting offer to qualify for this Promotion; (2) make a full-price qualifying offer on an Eligible Home; and (3) satisfy all other closing date and eligibility criteria. Seller reserves the right to modify the Promotion terms and/or Promotion Period at any time prior to contract. 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. Maximum seller contributions apply. Not to be combined with any other incentive offer, except if otherwise expressly set forth above or in an addendum to the purchase contract. Other restrictions may apply. Not all Borrowers will qualify. Services not available in all states. Offerpad Mortgage, LLC d/b/a Offerpad Home Loans, NMLS #2087710, 2150 E. Germann Rd., Suite 1, Chandler, Arizona 85286, Licensed locations and information available at: https://www.offerpadhomeloans.com/CompanyStateLicenses | www.nmlsconsumeraccess.org.
** Loans cannot be refinanced within 6 months of origination.
Take advantage of this limited-time offer when you finance the purchase of select Offerpad-owned homes with Offerpad Mortgage.
And if interest rates go down after you buy the home?
Offerpad Mortgage will refinance your loan with zero lender fees!**
