Take advantage of pre-model pricing when you purchase a home at Rosewood in Morgan Hill before it opens this March! Get in on the special incentive of up to $20,000* before the secret is out and everyone will want to move here. Visit our sales office today!
(Up to $20,000)
Secure today's interest rate through the end of the year.
When you pre-qualify through BRP Home Mortgage, lock in our low-interest rates starting at 4.625% for year 1, 5.625% for year 2 and 6.625% for years 3 – 30.
Personalize your home with included premium design options and upgrades.
Receive assistance with additional closing cost credits.
For financing options, please reach out to Matt Scalise at matt.scalise@brphomemortgage.com.
Personalize your home with included premium design options and upgrades.
Receive assistance with additional closing cost credits.
For financing options, please reach out to Matt Scalise at matt.scalise@brphomemortgage.com.
Overwhelmed by the home buying process? Our team breaks down home buying basics and the mortgage loan process. Learn from our experts from our recent Home Buying Webinar as we demystify the steps to homeownership.
How do I increase my pre-approval amount?
Please reach out to us so that we can review and explore available options for you.
Can I put down less than 20%?
Yes, the minimum down payment is 3.5%.
How much money should I set aside from my down payment to cover closing costs?
The exact amount will vary based on your closing date. An advantage of purchasing through the builder is receiving closing cost credits, which minimize your out-of-pocket cost.
Should I wait for interest rates to lower before I buy a house?
That is a gamble. As you wait for rates to decrease, you may see purchase prices increase. By locking in a purchase price now, you will have the ability to refinance down the road.
Can I transfer money to a certificate of deposit with another bank?
Yes, as long as you can document the transaction. You can transfer funds; however, we recommend speaking with your lender beforehand.
What’s an appraisal?
An appraisal is an inspection of the home to determine whether the value of the home meets the comparable sales within the area—more simply, an estimate of the fair market value of the home.
Will moving funds negatively impact my credit score?
Transferring funds will not impact your credit score; however, closing a tradeline or missing a payment will.
What benefits, discounts or closing costs will you provide?
BRP Home Mortgage will waive its lender fee ($1,290). Additionally, the seller will provide a closing cost credit when you finance through BRP Home Mortgage (the seller credit is based on which community you purchase at and changes per community).
What is cash to close?
Cash to close is the down payment plus closing cost fees, property taxes, insurance and days of interest combined—essentially, the total amount you will pay on closing day to complete the home purchase.
What do my assessments pay for?
Check your budget and your declaration (CC&Rs) to understand all the items that the HOA is responsible for and what you as the owner are responsible for.
When is the next board meeting?
Check your HOA portal for announcements or event postings. You can also check the last meeting minutes or annual calendars.
What should I be doing to be a good, engaged owner in my community?
Read minutes from meetings, attend meetings when available, join a committee, read and review the financials, ask questions if clarity is needed, read and understand the Governing Documents.
What should I bring to my closing appointment? When and where is it?
Bring current photo ID (driver’s license or passport)
When your loan documents arrive to title, your escrow officer will do a final balance and call you to schedule an appointment to sign them. You can sign at any one of our New Home Sales Offices or an accommodating branch at no charge, or we can get a mobile notary for you to sign in the location of your choosing.
How do I transfer closing funds?
When you are called to schedule your appointment to sign, you will be given the balance of the funds needed to close. It is best to wire the funds to title so the close is not held up.
When will I receive the keys to my new home?
Upon receiving recording confirmation from the county, First American will reach out to your sales counselor to inform you that you are on record, and you will receive a phone call from your escrow officer congratulating you on your new home.
Do I need to have a real estate agent to purchase a new home?
No, you do not need a real estate agent to purchase. All our sales counselors are licensed real estate agents with a wealth of knowledge in real estate, who specialize in new home purchases.
If you are working with a real estate agent who has referred you to our new home communities, that’s great! They can register you at the sales office of that respective community on your first visit.
Do I need to pre-qualify with your preferred lender?
Yes. All buyers are required to submit a loan application to be pre-approved with our preferred lender, BRP Home Mortgage, to purchase a home.
*Available on select lots only. For the limited-time offer, buyer must close by July 30, 2024, to qualify. See a Brookfield Residential Sales Representative for details. Pricing, terms, availability, financing program/incentives, interest/APR rates, options and upgrades savings amount, closing cost assistance amount and financing incentives vary by community, are subject to change without notice and are available for a limited time only on new, full-priced contracts written with use of the builder’s preferred lender and title company. They cannot be combined with any other offers or incentives.
Buyers must get pre-qualified for a new purchase through BRP Home Mortgage. Program requires 10% down payment on a 30-year conventional conforming loan with a 740 credit score or higher. Rates, terms and availability of program are subject to change without notice. Not all applicants will qualify. Additional terms may apply. Available on select homesites within the U.S. only. May not be available at time of loan commitment or closing. For a limited time only. Terms and conditions apply. See sales associate for full details. Free refinance is nontransferable and does not apply to loans obtained to purchase a new property or new loans that result in the creation of a separate lien on the current property. Fees included are the lender fees, title fees and recording fee, and they do not include taxes, title and insurance.
Square footage is approximate. Homes shown do not represent actual homesites for sale. Copyright © 2024 Brookfield Residential Properties ULC. All rights reserved. CA DRE license no. 01996804.
A Guide to Home Buying