Flex Cash is a builder incentive that gives eligible new-home buyers a credit or allowance for certain purchase costs or home options. Depending on the offer, you may put it toward closing costs, a mortgage buydown, or available design selections.
At Risewell Homes, we want you to understand your options as you plan for a new home. That starts with knowing what an offer covers and how it fits your budget. If you are considering a built to order home, Flex Cash may help cover eligible design selections that make the home feel more personal.
A builder offers Flex Cash for selected homes or communities and sets the amount, eligible uses, and deadlines. Some offers require financing through a preferred lender.
Your sales counselor can explain the promotion. Your lender confirms how the credit works with your loan and compares closing costs, monthly payments, and total loan costs. Ask for the terms in writing before choosing a use.
After you select a use, the builder and lender record it in the purchase and financing documents. The offer terms also explain how the program handles any unused amount.
A promotion may allow one or more of these uses.
Eligible closing costs. The credit may cover lender fees, title fees, escrow fees, appraisal fees, or other costs that the offer allows.
A mortgage buydown. An eligible permanent buydown lowers the loan interest rate. A temporary buydown subsidizes part of your payments for an initial period. Ask your lender to explain the full payment schedule and costs.
Design options or upgrades. You may use the credit for available finishes, fixtures, or features in an eligible home.
The offer and loan program determine which uses you can choose or combine.
With a built to order home, you purchase before construction begins and choose from the home designs and options available in that community. You might look for a layout with space to work from home, or choose finishes that suit your style. A sales counselor and design consultant can explain your options. Those decisions help you shape the home around your routines before you move in.
Flex Cash can support those choices when an offer includes design options. You may be able to put the credit toward eligible finishes or fixtures that you would otherwise pay for separately. Confirm which selections qualify and any costs above the incentive amount.
Built to order opportunities are available in select communities and on select homesites. Your sales counselor can confirm current options.
Buyers may evaluate the same offer differently. If you want to keep more savings for moving expenses, applying the credit to closing costs may help. If you expect to keep your mortgage for several years, ask your lender to compare the cost and savings of a permanent buydown. If you plan to build from the ground up, you may prioritize available design selections.
Your budget and home plans can help you decide which eligible use offers the most value.
These incentives affect purchase costs differently. A price reduction lowers the purchase price. You can apply Flex Cash to eligible expenses, a buydown, or personalization options.
A lender can compare the estimated funds due at closing, monthly payment, and total borrowing cost for each option.
Eligible homes and dates. Confirm which homes and communities qualify and when the offer ends.
Available amount. Confirm the total Flex Cash amount for the home.
Financing rules. Check whether the offer requires a preferred lender or loan program.
Allowed uses. Review the eligible costs, buydowns, design selections, combinations, and how the program handles unused funds.
Design timing. Confirm the selection deadlines and available options for your built to order home.
At Risewell Homes, we believe a home should support how you live. Our sales counselors can explain eligible offers and available design selections for the home you are considering.
If you are wondering how Flex Cash could fit into your new-home purchase, connect with a Risewell Homes sales counselor. Share the community you are considering and the home features that matter to you. Our team can explain available built to order opportunities and whether a current Flex Cash offer can help with eligible design selections or purchase costs.
Your lender can then show you how the financing options affect your costs.
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