Build and Personalize Your New Home with a 5.99% 9-Month Extended Rate Lock

Limited-Time Offer. Ends 9/30/26.

If you have been thinking about building a new home but feel uncertain about where interest rates are headed, Main Street Homes may have the solution you have been waiting for. For a limited time, eligible homebuyers can lock in a 5.99% fixed rate with a 9-month extended rate lock on eligible To-Be-Built homes in select Main Street Homes communities, plus a one-time opportunity to float down if rates improve.

Personalize your new home. Know your rate. Build with confidence.

Click to watch a short video and learn about this promotion.

The Quick Answer

• What it is: A 5.99% fixed interest rate with a 270-day, or 9-month, extended rate lock.
• Who it is for: Qualified buyers of eligible To-Be-Built homes in select Main Street Homes communities in Central Virginia.
• The bonus: A one-time float-down option if rates improve during the lock period, subject to program guidelines.
• The deadline: Contracts must be ratified between 9/1/26 and 9/30/26.
• How to start: Call our Online Sales Specialists, Savannah and Daniel, at 804-376-8806.

Why an Extended Rate Lock Matters When You Build

A common question we hear from buyers considering new construction is a fair one. How do I know what my mortgage payment will be when I close if rates change?

A 9-month extended rate lock answers that question up front. Instead of choosing your homesite and floor plan today and waiting to see where rates land at closing, you can move forward with a known fixed rate of 5.99% already secured. You get to choose the home you want to build now while having far more certainty around your future mortgage payment once your home is complete.

That certainty can change the way the process feels. You can plan your budget, make your design selections, and watch your home come together without having to check the rate every morning.

Plus a One-Time Float-Down if Rates Improve

An extended lock protects you if rates rise. This promotion goes a step further and gives you room to benefit if rates fall. Win-win. 

The 270-day extended lock includes a one-time float-down option. Homebuyers can exercise the one-time float down within 60 days of closing, and the new rate is based on the rate sheet in effect on the day the homebuyer elects to execute it. Program guidelines apply, and our preferred lender will walk you through exactly how it works.

In short, you would have protection on the way up if rates increase and an opportunity on the way down.

What a To-Be-Built Home Means at Main Street Homes

A To-Be-Built home gives you the opportunity to make your new home feel like yours from the very beginning.

• Choose your homesite. Pick the location and lot that fit the way you want to live.
• Personalize your floor plan. Our thoughtfully designed plans include structural options that let you shape the home around your daily routine.
• Make your design selections. Work with our team to choose the finishes that reflect your style.
• Watch it come to life. Our experienced team guides you through each step of the build, with the added confidence that comes from an extended rate lock.

Main Street Homes is neither a custom builder nor a production builder. We offer thoughtfully designed floor plans you can personalize with options that reflect your lifestyle, so you get real choice without starting from a blank page.

Communities Included in the 5.99% Promotion

Eligible To-Be-Built homes are available in select communities across Central Virginia. Availability is limited and subject to change, so please confirm eligible opportunities.

Single-Family and Select Communities

• Beech Springs, New Kent County
  • Explore first floor primary bedroom floor plans
    • Amelia
    • Augusta II
    • Monterey
    • Parkview
    • Stuart
    • Treyburn II: one-level living
    • Treyburn III: one-level living
  • Explore second floor primary bedroom floor plans 
    • Berkeley
    • Brookfield
    • Hartfield II
    • Jefferson
    • Lancaster
    • Linden
    • Waverly II
• Broadmoor West at Westerleigh, Chesterfield County
  • Explore first floor primary bedroom floor plans
    • Amelia
    • Augusta II
    • Monterey
    • Parkview
    • Treyburn III
  • Explore second floor primary bedroom floor plans 
    • Brookfield
    • Hartfield II
    • Jefferson
    • Lancaster
    • Linden
    • Waverly II
• Songbird, Goochland County. Homesite 24
  • Linden, ask Savannah & Daniel for specifics on this home.  
• Tuckmar Farm, Chesterfield County
  • Explore first floor primary bedroom floor plans
    • Amelia
    • Augusta II
    • Monterey
    • Parkview
    • Stuart
    • Treyburn III
  • Explore second floor primary bedroom floor plans 
    • Berkeley
    • Brookfield
    • Hartfield II
    • Jefferson
    • Lancaster
    • Linden
    • Silverleaf
    • Waverly II

Communities Where Select Buildings Are Included

In the communities below, specific buildings are included in the promotion. Ask our team which buildings qualify.

• The Aire at Westchester, Chesterfield County. Ask which buildings are included.
  • Sycamore II
  • Hemlock II
  • Aspen II
• Oasis, Chesterfield County. Ask which buildings are included.
  • 3 Story Townhomes
• Reserve at Oasis, Chesterfield County. Ask which buildings are included.
  • 2 Story Villas – 55+ Active Adult Living
• Midlo West, Chesterfield County. Ask which buildings are included.
  • 2 or 3 Story Townhomes

Cedar Green Community, Powhatan, Virginia

This is a single homesite purchased by Main Street Homes, offering a rare opportunity for buyers seeking acreage.

• Address: 2460 Cedar Green Terrace, Powhatan, VA 23139
• Homesite: Homesite 4, a 5.3-acre cul-de-sac homesite
• Parcel Tax Map ID: 53-7-4
• Available home plans: Berkeley, Lancaster, Linden, Parkview, and Stuart

For complete details, payment examples, and all financing disclaimers, please visit https://www.gomsh.com/financing.

Why Build with Main Street Homes

The rate is the reason you are reading this. The builder is the reason it matters.

• Personalized homes. Thoughtfully designed floor plans with structural options and design selections that let you shape your home around your life.
• Name-brand quality building materials. We build with quality, name-brand products, and our homes are energy-efficient through our Energy Advantage+ program, verified by a third party.
• Supportive customer service. An experienced team guides you through every step, from your first appointment through design selections, construction milestones, closing, and beyond.
• Locally owned and operated. We are a Central Virginia builder with 30 years of experience building right here in the communities we call home. We’ve built thousands of homes in Virginia. 
• Employee-owned. Main Street Homes is an employee-owned company. Our team members guiding you are business owners, and it shows in the care they show at work every day.

Frequently Asked Questions

What is a 9-month extended rate lock? 

An extended rate lock secures your interest rate for a longer period than a standard lock, in this case up to 270 days. That gives your new home time to be built while your rate stays fixed at 5.99%.

What is a float-down option? 

A float-down lets you take advantage of a lower rate if market rates improve during your lock period. This promotion includes one one-time float down, which can be exercised within 60 days of closing based on the rate sheet in effect that day, subject to program guidelines.

Which homes qualify for the 5.99% rate?

Eligible To-Be-Built single-family homes, condominiums, and townhomes in the select communities listed above. In several communities, only certain buildings are included, so please confirm with our team.

When does the promotion end?

Contracts must be ratified between 9/1/26 and 9/30/26, subject to availability.

Do I have to use a specific lender?

You may use any lender you choose. This promotional financing offer is available only through a designated preferred lender at the time of contract. We encourage buyers to shop around to ensure they receive the rate and service they want. 

How do I get started?

Call our Online Sales Specialists, Savannah and Daniel, at 804-376-8806. They can answer questions, explore available communities, homesites, and floor plans with you, and explain how the 5.99% extended rate lock could work for your situation.

If You Have Been Waiting to Build, Now May Be the Time

Build the home you want. Know your rate. Move forward with confidence. This offer ends 9/30/26, and availability is limited. Connect with our Online Sales Specialists, Savannah and Daniel, at 804-376-8806 to learn more about this limited-time offer.

Disclaimers

*5.99% 9-Month Extended Lock Available at Select Main Street Homes Communities on To Be Built Homes: This special financing offer is available with the builder's designated preferred lender on select single-family, condo & townhomes in lieu of flex cash incentives for contracts ratified between 9/1/26 and 9/30/26, subject to availability. Funds are considered reserved only upon written confirmation by the lender and seller. A fixed interest rate buydown through the builder's preferred lender is available on a conventional fixed-rate loan with a 30-year amortization, resulting in a fixed interest rate of 5.99% (APR 6.36%), based on a 10% down payment, 780 credit score, owner-occupied financing, closing within 270 days of agreement ratification, and no escrow waiver. APR assumes a purchase price of $500,000. The 270-Day Extended Lock includes a one-time float-down option. Homebuyers can exercise a one-time float down within 60 days of closing. The new rate is based on the rate sheet in effect on the day the homebuyer elects to execute the one-time float-down.

Terms Applicable to all Financing Offers: Total interested-party contributions, including those applied toward rate buydowns or closing costs, are subject to maximum limits set by loan program guidelines and may reduce the total incentive available. Actual interest rates, APR, and qualification are subject to change and will vary based on credit profile, loan program, down payment, occupancy, property type, and market conditions. Rates may change prior to rate lock. This is not a commitment to lend. All financing is subject to buyer qualification, underwriting approval, and investor program guidelines. Any rate lock or financing agreement must be in writing and executed by both borrower and lender. Buyers are encouraged to consult with our designated preferred lender or a lender of their choice to determine exact financing terms. While the purchaser can use any lender, the promotional special financing offer is only available with a mortgage loan obtained through the builder's designated preferred lender at the time of contract. Purchasers are encouraged to shop around to ensure they receive the best services and rates. Please note that the owner of Main Street Homes is affiliated with MFR2, LLC, which has a business relationship with Tidewater Home Funding (a/k/a Benchmark Mortgage), where MFR2, LLC has a 2.5% ownership interest. This relationship may provide MFR2, LLC with a financial or other benefit. Main Street Homes reserves the right to modify, substitute, or withdraw this offer at any time without prior notice.

For complete details, payment examples, and all financing disclaimers, please visit https://www.gomsh.com/financing.