Bowen Family Homes Offers Home Buyers 2.75% Interest Rates

Dec. 23, 2008 - PRLog -- ATLANTA – Interest rates are at an all-time low and Bowen Family Homes is offering home buyers Federal Housing Administration (FHA) loans with an unbelievable interest rate of 2.75 percent*. This low interest rate is available at over 20 of Bowen Family Homes’ Atlanta communities on homes that close by Jan. 15, 2009. With 26 affordable single-family and townhome communities located in the most sought-after locations throughout metro Atlanta, home buyers are sure to find their perfect home at a Bowen Family Homes’ community.

“Contrary to what many home shoppers currently believe, FHA loans are available to home buyers and interest rates are currently at an all time low,” said Steve Palmer, Chief Financial Officer of Bowen Family Homes. “Our top-quality homes showcase the best in today’s features and with our affordable prices and this low interest rate offer, now is the perfect time to purchase a home with Bowen Family Homes.”

The FHA insures private loans making borrowers' dreams come true by helping them transition into home ownership. 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 amazing offer call 1-877 MY BOWEN for details or contact Bowen Family Homes at mybowen@bowenfamilyhomes.com. For locations and directions to communities in metro Atlanta visit www.bowenfamilyhomes.com

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 on inventory homes to close by 1/15/2009. See community sales manager for details. Offer only available in Metro Atlanta.