Bowen Family Homes' 2.75% Interest Rate Offer Extended

Jan. 14, 2009 - PRLog -- Bowen Family Homes is pleased to announce the extension of their unbelievable interest rate offer of 2.75 percent*. The low interest rate was originally set to expire on Jan. 15, but the new home builder has decided to continue offering home buyers Federal Housing Administration (FHA) loans at the 2.75 percent interest rate on qualifying 30-day closings only.

“The FHA insures private loans, making borrowers' dreams come true by helping them transition into home ownership,” said Steve Palmer, Chief Financial Officer of Bowen Family Homes. “We are thrilled to extend our low interest rate offer, so that we can continue to help potential home buyers purchase their perfect home at prices they can afford.”

Bowen Family Homes’ low interest rate offer is based on a full-term 30-year standard FHA loan at a 4.75 percent interest rate and a sales price of $200,000. The first year interest rate is 2.75 percent and second year interest rate is 3.75 percent with years three through 30 at 4.75 percent. To take advantage of this limited time offer, call 1-877 MY BOWEN or email Bowen Family Homes at mybowen@bowenfamilyhomes.com for details. For locations and directions to communities in metro Atlanta visit www.bowenfamilyhomes.com.  

Bowen Family Homes has 26 affordable single-family and townhome communities located in the most sought-after locations throughout metro Atlanta. Homes are priced from the $110,000s to the $500,000s and include the best in today’s home features and finishes.

Since 1969 the Bowen name has stood for excellence in new home construction and community development. Bowen Family Homes is a dynamic homebuilder with operations in Georgia, Florida and Texas. The Atlanta Business Chronicle ranked Bowen Family Homes 6th among metro Atlanta builders in 2006 and 30th among Atlanta’s Top 100 Private Companies for 2006. Additionally, Georgia Trend and the Cox Family Enterprise Center at Kennesaw State University named Bowen Family Homes the Georgia Family Business of the Year for medium sized companies in 2006. These successes have been achieved by simply offering the best new home value in all price ranges. For more information about Bowen Family Homes, please call their Atlanta region headquarters at 678-325-4554 or 1-877 MY BOWEN or visit online at www.bowenfamilyhomes.com.

* Terms and Conditions apply. Some qualifying restrictions apply. Offer available through American Home Key Mortgage, 6650 Sugarloaf Parkway, Suite 660 Duluth, Ga. 30097. Buyer may be responsible for paying some closing costs and reserves. Program cannot be combined with other offers. Valid on new contracts only. Offer valid on 30 day closings only. Some restrictions apply.  See community sales manager for details. Offer only available in Metro Atlanta.