$349,000 – $397,000
- 175-home community within an established Elk Grove neighborhood
- Exclusive gated community
- Convenient access to Hwy. 99 and I-5
- Highly desirable Elk Grove Unified School District
- Close to premier shopping at Delta Shores
- Community playground with BBQ pit and seating area
From Hwy. 99 South, take Exit 288/Sheldon Rd. and turn left. Turn left on Lewis Stein Rd., left on W. Stockton Blvd., left on Michener Way and right on Kramer Ranch Way to sales center.
*Advertised monthly payments assume a sales price of $397,000 and includes principal, interest, taxes, insurance and estimated mortgage insurance premium only; any other fees such as HOA dues and lot premiums not included and will result in a greater actual monthly payment amount. Scenario assumes borrower qualifies for an FHA 30-year fixed-rate mortgage loan of $389,809 with interest rate of 4.25% and APR of 4.982% for the life of the loan and pays 3.5% down payment. Scenario assumes the buyer has good credit, sets up a tax & insurance escrow account for the monthly payment of property taxes and homeowners insurance, provides full documentation, and pays estimated closing costs of 3% of the sales price. Minimum credit scores apply. Not all applicants may qualify. Rates effective 1/26/2020 and subject to change without notice. This scenario is subject to underwriting guidelines and is available only for owner-occupied homes; nonowner-occupied homes are subject to additional restrictions and qualifying requirements.