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VA Loan Program Made Home Buying Possible for Canyon Hills Buyer

2009-07-01


Living in master-planned Canyon Hills® recently became a reality for a retired military man who was ready to buy and take advantage of low interest rates and exceptional pricing.  The key to making it happen for Rick Smith was the availability of VA financing offering him flexible credit and income qualifying guidelines, and no down payment.


“The benefits tied to VA financing made buying a new home possible,” said Rick Smith who purchased a brand new home at Pardee’s Stonefield neighborhood in Canyon Hills.  “I didn’t have to take any money out of pocket and got a great interest rate. The amazing thing is that I am now paying about $300 less a month than I was when I was renting.”


Smith says the new homes at Pardee’s Stonefield neighborhood fit his lifestyle perfectly and he is happy with his home which has spacious rooms, a den and great floor plan.  “The neighborhood is nice, people are friendly and the landscaping looks good,” added Smith.  “The community has good curb appeal.”


Smith, who is happily surprised at how well the home buying experience went, worked closely with the entire Pardee Homes’ team..  “The sales representatives went above and beyond their job to help me and the customer service reps are very knowledgeable and helpful. A call for service has consistently brought a timely response.”  Smith also worked with Pardee Home Loans to obtain his VA loan.


“It was a pleasure to help a retired military man like Rick navigate the home loan process,” said Jose Cervantes, mortgage consultant for Pardee Home Loans.  “The VA program is accommodating and offers convenient 100% financing, typically lower costs compared to standard or conventional financing and flexible qualifying guidelines. The program also allows applicants to qualify with the help of a family member or friend as co-signer. It’s a great option for active, enlisted or retired military.”


Ideally located amidst the scenic rolling hillsides of Lake Elsinore, Canyon Hills residents enjoy a unique, natural setting where over 900 acres are dedicated to open space and a community Intranet with Verizon’s™ FiOS™ fiber optic network connection that reaches every new home.  The nearly 2,000-acre community includes schools, neighborhood parks and community recreation centers, many of which are already in place, including Creekside Park, and Creekside Recreation Center featuring a junior Olympic-size pool, clubhouse, picnic areas, playground and basketball court. A second private community recreation center with a beautiful swimming pool and spa is located near Silverthorne in Foothill Village.  Nearby Canyon Hills Marketplace offers convenience shopping, dining and additional services, including Starbucks®, Bank of America and Longs Drugs.


Currently, the new homes available by Pardee Homes at Canyon Hills include a limited selection of one- and two-story detached homes and two-story townhomes designed to meet the needs of families in a diverse range of lifestyle stages.


Priced from the low $200,000s, Silverthorne, is a great choice for first-time buyers, featuring attainably priced entry-level single-family detached homes. Silverthorne includes three floor plans that span approximately 1,655 to 2,652 square feet.  Featuring Italian, Spanish and Cottage-style architecture, these one- and two-story homes have three to four bedrooms, two to four baths and two and three-bay garages.


At Brookview Terrace, the final phase release of new two- and three-bedroom townhomes are priced from the mid $100,000s.  This gated neighborhood has its own outstanding recreation amenities including a swimming pool, spa, steam room, saunas, state-of-the-art fitness facility, elegant great room, catering kitchen and clubhouse.


To learn more about the Canyon Hills lifestyle, go to www.canyonhills.net or call (951) 264-0127. To visit the community, exit I-15 in Lake Elsinore at Railroad Canyon Road. Go east approximately 2.5 miles to Canyon Hills Road, turn right and follow the signs.


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