Kite House at The Parks Kite House at The Parks

Incentives

Skip the down payment. Start owning today. Limited time offer.

Whole Foods

Act Now on a Smarter Way to Own

Kite House is now offering an unprecedented opportunity to purchase with $0 down payment, forgiven after three years. You never pay it back. Plus below market interest rate and rent-like monthly mortgage through the Lydia’s House Grant.

This Is Your Moment To Own

Picture your keys, your walls, and your name on the deed. Owning a home at Kite House is closer than you think. One-bedroom homes start at $379,900, and right now qualified homebuyers receive $30,392 toward the purchase. Your first-year mortgage payment starts at just $1,922 a month.*

Stop renting and start building something that’s yours, in a neighborhood you’ll be glad to call home.

Call us today to learn more and schedule a tour.

Kitehouse Courtyard

Homeownership is within reach. Here’s what it takes to qualify for the Lydia’s House Grant:

  • Currently there are no income limitations on the Grant.
  • You don’t currently own a home in DC.
  • You’re pre-qualified with an approved lender.
  • You register for the Homebuyer Readiness Course within 10 days of your approval notice.
  • You complete a Homebuyer Readiness Course within 45 days before closing.
  • Homebuyers bring at least $5,000 of your own money for items paid in conjunction with the homebuyer’s mortgage.
  • Only applies to one-bedroom homes at Kite House.
  • Grant funds are limited.
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DISCLAIMER

*Offer available to qualified buyers on select homes, subject to eligibility and availability. Lydia’s House, a DC nonprofit, is offering qualified first-time buyers a 5% down payment grant plus up to 3% toward eligible closing costs for a limited number of buyers. Monthly principal and interest payments shown assume a 30-year loan with a 7.750% note rate, 7.377% APR, and 3-2-1 temporary buydown: $1,922.29 at 4.750% in Year 1; $2,150.48 at 5.750% in Year 2; $2,390.10 at 6.750% in Year 3; and $2,640.00 at 7.750% thereafter. The $17,485.55 buydown subsidy is funded by $11,397.00 by Lydia’s House and $6,088.55 by Seller. Payments exclude taxes, insurance, condominium assessments, mortgage insurance, and other applicable housing expenses. Additional terms and eligibility requirements apply. Rates, APR, pricing, incentives, and availability are subject to change without notice. See onsite Sales Manager for details.