Why Central Oregon? Why Prineville? Why IronHorse?

IronHorse Financing Options

There are many financing options available on affordable homes in IronHorse. Here are just a few examples. (Terms subject to change without notice. Material deemed accurate but not guaranteed.)

730 NE Piston Way
Sun Forest Construction
3 bed / 2 bath, $199,000

Example

FHA Loan - 3.5% Down Payment - Interest Rate 5.5%/6.046% APR
Monthly Payment - PITI:*   $1,417
Down Payment:   $6,965
Closing & Prepaids:   $6,994

Conventional Loan - 20% Down Payment - Interest Rate 5.25/5.409% APR
Monthly Payment - P&I:**   $879.11
Down Payment:   $39,800
Closing & Prepaids:   $4,676

*Payment includes: Principal, Interest, Taxes, Insurance and Mortgage Insurance
**Payment includes: Principal and Interest

1404 NE Hudspeth Road
Sun Forest Construction
3 bed / 2.5 bath, $209,000
Example

FHA Loan - 3.5% Down Payment - Interest Rate 5.5%/6.045% APR
Monthly Payment - PITI:* $1,472
Down Payment: $7,315
Closing & Prepaids: $7,114

Conventional Loan - 20% Down Payment - Interest Rate 5.25/5.407% APR
Monthly Payment - P&I:** $923.28
Down Payment: $41,800
Closing & Prepaids: $4,830

*Payment includes: Principal, Interest, Taxes, Insurance and Mortgage Insurance
**Payment includes: Principal and Interest

There may be other programs, such as Zero Down Payment, based on buyer qualifications. Inquire with:

Sheryl Rhoden
Wendy Pangle
541-416-7480