Fredericksburg, VA (PressExposure) September 09, 2009 -- The Virginia Division of Lennar in partnership with Universal American Mortgage Company (UAMC), is offering qualified homebuyers 100 percent USDA financing on select homes in Lennar's Fredericksburg community, Oakley Reserve.
"There are many people looking to purchase a new home who may or may not have the funds available at closing," said Brenda Sharp, Director of Sales and Marketing for Lennar's Virginia Division. " One hundred percent USDA financing is a huge benefit because it allows buyers the opportunity to keep money in their pocket when they close on their home," Sharp said.
According to Sharp, there are specific credit, eligibility and income restrictions that prospective homebuyers must meet in order to take advantage of the program.
Located in Fredericksburg, Oakley Reserve is in its final stages of development with only five homesites left. The community's remaining three plus acre homesites provide an idyllic setting for privacy and wonderful outdoor space.
"Oakley Reserve is a very special place," Sharp said. "On one hand, the community is in a country-like setting, quite and peaceful, yet on the other, it offers tremendous convenience to downtown Fredericksburg, shopping, dining and Highway 95. Residents in Oakley Reserve get the best of both worlds."
Lennar's Colonial home designs in Oakley Reserve offer four bedrooms and three and one half bathrooms. Homes feature 3,694 to 3,807 square feet of spacious living space and showcase luxury upgrades including: hardwood floors, a gourmet kitchen complete with granite countertops and a stainless steel appliance package, grand Master Suite and a gas fireplace. Homes are priced from the $400s.
"With only five homesites remaining, time is running out to own a new home at Oakley Reserve." I encourage prospective homebuyers to visit the community and learn about the incredible 100 percent financing opportunity," Sharp said.
For more information about Oakley Reserve call 877-853-6627 or for a complete list of Lennar Communities in Virginia visit Lennar.com.
Disclaimer: Financing approval also subject to USDA confirming property eligibility. Universal American Mortgage Company, equal housing lender. Mortgage Lender/Broker License # MC-2325, licensed by the "Virginia State Corporation Commission".