Lennar Advantage Advantage 4 Programs


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Mortgage Payment Protection Program*

 

We know that buying a home can be a stressful experience if you are worried about unexpected expenses or loss of income. With all that goes into owning a home, Lennar wants to give you one less thing to worry about with our Peace of Mind Mortgage Payment Protection Program. So we teamed up with Universal American Mortgage Company to come up with a special program to help give you an added assurance when buying a new home.

 

  • Coverage Period - 2 years from the closing date of the mortgage
  • Payment Amount - Your actual monthly payment up to $1,800
  • Benefit Period - Up to 6 payments during the 24-month coverage term
  • Peace of Mind - Underwritten by one of the country’s most reliable insurers


You can rest assured, Lennar and Universal American Mortgage Company have you covered with the Peace of Mind Mortgage Payment Protection Program.

† All programs are available on select homes as determined by Lennar, for purchase agreements written between 02/20/09 and 11/30/09. Offers available only to qualified buyers financing through Lennar preferred lender and closing at designated closing agent. * The Mortgage Payment Protection Program offered through Rainy Day Foundation is backed by an A-excellent rated carrier and is subject to the terms thereof including but not limited to eligibility, education and counseling services, vesting period and other limitations. Unemployment must be involuntary, initiated by employer, not employee. Program offered for FHA and VA loans only. Contact a Lennar New Home Consultant or a UAMC Home Loan Advisor for complete details. ** Closing costs and special financing are subject to a 6% Seller contribution limit, and specifically excludes MIP/Funding Fee, prepaid expenses, property taxes, homeowners insurance, prorated expenses, and/or HOA Fees unless otherwise noted. *** Price guarantee subject to certain terms and conditions. †† Pursuant to the fair housing act, this housing is intended for occupancy by at least one person 55 years of age or older per home. Contact a Lennar New Home Consultant for complete details. ‡To qualify for the gift card, the buyer cannot use a real estate agent. Gift card will be payable after closing. Gift card terms and conditions apply and card is not transferable and cannot be redeemed for cash. Additional restrictions may apply. Lennar reserves the right to discontinue this program at any time. Prices subject to change without notice. Copyright © 2009 Lennar Corporation. All rights reserved. Lennar, the Lennar logo, the Peace of Mind Mortgage Payment Protection Program, the Universal American Mortgage Company and the UAMC Logo are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. 3/09