Loan is based on FHA 30 year fixed rate with a 2/1 temporary buydown. 3% rate is for year 1, 4% for year 2, 5% for years 3-30. Subject to buyer qualification per FHA lending guidelines and rate availability. Home must close within 120 days of contract date. Available only with loans closed through Meritage Homes Preferred lender. Buyer must make loan application within 5 days of contract. Payments include principal, interest, taxes and insurance (PITI) and mortgage insurance (MI). HOA dues are paid separately. Plans, prices, terms and conditions are subject to change without prior notice or obligation. Meritage homes reserves the right to cancel this promotion at any time. Cannot be combined with any other offers. Subject to errors and omissions. © 2009 Meritage Homes of Colorado, Inc. All rights reserved.