Welcome to Discovery Ridge, a vibrant new townhome community in an unbeatable location, just five minutes from Short Pump. Zoned for the highly sought-after Godwin High School district, this community offers the perfect blend of top-rated Henrico County Public Schools and everyday convenience. Enjoy easy access to dining, shopping, and entertainment, with Route 288 and Interstate 64 just minutes away for seamless commuting. Pet owners will love Short Pump Dog Park (less than 2 miles away), while outdoor enthusiasts can explore Deep Run Park (less than 3 miles away), featuring scenic trails, sports fields, and picnic areas. These spacious three-story townhomes offer three bedrooms, two full baths, and two half baths, with nearly 2,000 square feet of modern living space that has been designed for both comfort and style. Don’t miss your opportunity to call Discovery Ridge home!
*Photos for new homes may vary from actual home available for sale. We often showcase pictures from a model home of the same style. *Plans and pricing are subject to change.
Date Created: Jun 14, 2025, 9:30 AM ETDate Created: Jun 14, 2025, 9:30 AM ET
Jun 14, 2025, 9:30 AM ET
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Silverton Mortgage is authorized to originate FHA loans, but it is not an agent of, or affiliated with, the U.S. Government.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
Contact your Mungo Homes sales manager for a list of eligible homes. Contracts written on or after 05/16/2025. Loan must close before 09/15/2025. All terms and conditions subject to credit approval, market conditions and availability. Silverton Mortgage has locked in a fixed interest rate for a pool of funds. Rates only available until pool of funds is depleted or rate expires.
*Example of 96.5% LTV FHA Loan Program with $400,000.00 sales price. $392,755.00 loan amount - 30-year fixed rate loan with zero points based on 360 monthly payments at $2,105.99 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Down payment of $14,000 required. Example assumes 780 credit score and includes $1,495 origination fee, 5.748% APR, and 4.99% interest rate as of 05/16/2025. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.
**Example of 100% LTV (0% Cash Down) VA Loan Program with $400,000.00 sales price. $413,200.00 loan amount - 30-year fixed rate loan with zero points based on 360 monthly payments at $2,215.62 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. 0% cash down payment of $0 required. Example assumes 780 credit score, 5.296% APR, and 4.99% interest rate as of 05/16/2025. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.
***Example of 75% LTV Conventional Loan Program with $400,000.00 sales price. $300,000.00 loan amount - 30-year fixed rate loan with zero points based on 360 monthly payments at $1,701.49 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Down payment of $100,000 required. Example assumes 780 credit score and includes $1,495 origination fee, 5.558% APR, and 5.49% interest rate as of 05/16/2025. Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.
Rate, fees, other charges and terms subject to change. Available loan programs and terms will vary by state.
This offer cannot combined with other incentives.
*Photos for new homes may vary from actual home available for sale. We often showcase pictures from a model home of the same style. *Plans and pricing are subject to change.
Date Created: Jun 14, 2025, 9:30 AM ETDate Created: Jun 14, 2025, 9:30 AM ET