LOAN EXAMPLE

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To Re-open the

DB Homes Website

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To open the

Steel Blue 1 Website

NOTICE:

This website is designed and operated by Steel Blue 1 LLC.  Steel Blue 1 LLC and DB Homes, Inc are not affiliated and operate as separate independent companies.  Information, photos, and logos owned by DB Homes are used with their permission.

 

To contact the main office of DB Homes call 814-262-7525.

To contact the main office of Steel Blue 1 LLC call 412-279-BLUE.

 

Steel Blue 1 LLC’s office is located at 142 Barrington Dr., Oakdale, PA 15071.

Steel Blue 1 LLC is licensed by the Pennsylvania Department of Banking.

Steel Blue 1 LLC office may also be contacted by info@steelblue1.com.

The loan example below is for the Two Story— Montauk Plan shown to the right.  This example shows how affordable your dream home can be.  The best rates fluctuate daily so please feel free to call Steel Blue 1 LLC for today’s rates.

Contact D.B. Homes at:

D.B. Homes Inc.
706 Eisenhower Blvd.
Johnstown, PA 15904
814-262-7525
814-262-7910 (fax)

In Cambria, Somerset, Bedford and surrounding counties contact Steel Blue 1 LLC at:

Ted & Peg Tinley

814-445-1083

tinley@steelblue1.com

Based on a construction package price and loan amount of $148,787 and assuming either a 20% downpayment or an equal amount of lot equity:

Maximum Monthly Payment

Interest Rate Range

Loan term

Loan Type

APR

$916.11

5.750% TO 6.250%

30 Years

Adjustable (with 1st 3 yrs fixed)

6.762%

$916.11

5.750% TO 6.250%

30 Years

Fixed

6.762%

$1,275.73

5.750% TO 6.250%

15 Years

Fixed

7.098%

Interest rates are as of 12/14/2006 and subject to change without notice.  Interest rates shown are based on lender’s requirements for credit worthiness, income, collateral, and other considerations.  Monthly payments do not include escrowed taxes and insurance.  Interest rate on the permanent loan will be either the maximum rate shown or the current rate at modification if lower.   APR is based on a construction period of 6 months.