Lennar Announces the Lowest Mortgage Rates in Decades

Myrtle Beach, SC, May 13, 2009 --(PR.com)-- The Coastal Carolina Division of Lennar in partnership with Universal American Mortgage Company (UAMC), is offering an unprecedented 3.88 percent (4.28 percent APR) mortgage rate that is fixed for life or up to $40,000 off the price of a new home.

According to Susan Martin, Director of Sales for Lennar’s Coastal Carolina Division, this opportunity is for a limited time and only available on select homes at participating Lennar communities including Glenmoor and Fairways at Wild Wing located in Conway and Emmens Preserve, Clear Pond at Myrtle Beach National and Brighton Woods in Myrtle Beach.

“This promotion offers an incredible opportunity for prospective homebuyers,” said Martin. “Buyers can choose if they want a lower home price or a lower interest rate. Both options represent significant savings that are virtually unheard of.” “There has never been a better time to buy a new home then now.”

To learn more, prospective homebuyers are invited to visit Lennar’s participating Welcome Home Centers or log on to Lennar.com/MyrtleBeach.

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable first time, move-up and retirement homes in communities that cater to virtually any lifestyle including urban, golf course, active adult or suburban communities. Lennar is committed to quality, value and integrity.

*Universal American Mortgage Company is an equal housing lender.

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