#trumancares

#trumancares

Quick Answer

The #trumancares program was an initiative by Truman Homes that offered to pay a buyer's mortgage for 12 months on any of their move-in ready homes. This limited-time promotion, designed to support the community, was based on specific financial terms including a 5% down payment and a 2.19% interest rate. The #trumancares program concluded on July 19, 2020.

#trumancares

We appreciate the support the community has shown Truman over the last 35 years. We know times are tough and to help you out through these uncertain times Truman will pay your mortgage for 12 MONTHS on any of our move in ready homes!

What are the Truman Cares Program mortgage payment details and promotion terms?

The Truman Cares Program offers specific mortgage payment details and promotion terms, including monthly and annual payments for various purchase price ranges (e.g., $150k-$200k at $758.04/month), based on a 5% down payment at 2.19% interest over 25 years. This limited-time offer, which ends July 19, 2020, cannot be combined with other promotions and requires mortgage approval through Truman's financial partners. For example, a purchase price between $150k-$200k results in a monthly payment of $758.04 and an annual mortgage of $9,096.48. Other purchase price ranges and their corresponding payments are as follows: $200k-$250k: $974.62 monthly, $11,695.44 annually; $250k-$300k: $1,191.20 monthly, $14,294.40 annually; $300k-$350k: $1,407.79 monthly, $16,893.48 annually; $350k-$400k: $1,624.37 monthly, $19,492.44 annually; $400k-$450k: $1,840.95 monthly, $22,091.40 annually; $450k-$500k: $2,057.53 monthly, $24,690.36 annually. Terms and Conditions: Cannot be combined with any other offer, promotion, or any realtor representation. Mortgage to be obtained through Truman financial institution partners on approved credit. Truman Cares Program payout amounts are credited at time of purchase contract or before closing. Listed prices below reflect net discount. E.&.O.E. Limited time offer ends July 18, 2020.

*Based on a 5% Down Payment at 2.19% Interest Rate with 25 Year amortization
Terms and Conditions: Cannot be combined with any other offer, promotion, or any realtor representation. Mortgage to be obtained through Truman financial institution partners on approved credit.
Truman Cares Program payout amounts are credited at time of purchase contract or before closing. Listed prices below reflect net discount. E.&.O.E. Limited time offer ends July 18, 2020.

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Frequently Asked Questions

1 What was the #trumancares program offered by Truman Homes?

The #trumancares program was an initiative by Truman Homes to show appreciation for community support. Through this program, Truman offered to pay a buyer's mortgage for 12 months on any of their move-in ready homes.

2 When did the #trumancares promotion take place?

The #trumancares promotion was active for a limited time and ended on July 19, 2020.

3 What were the financial terms and conditions of the #trumancares program?

The offer was based on a 5% down payment, a 2.19% interest rate, and a 25-year amortization. It could not be combined with any other offer or promotion. The amount paid varied by home purchase price.