Offering 3.75% FHA Fixed Rate At Altura in Tesoro Viejo


It doesn’t get any better than this.  McCaffrey Homes is offering an incredibly low 3.75%* fixed rate FHA loan and builder paid closing costs** to buyers on the Bryce plan at its Altura neighborhood in Tesoro Viejo. This new award-winning master-planned community in Madera is quickly becoming the destination of choice for Valley homebuyers. 

“Homebuyers should act now to take advantage of this incredible value and savings with this ultra-low interest rate and builder paid closing costs,” says Shelly Hogan, vice president of sales. “Available through our preferred lender, this special rate helps buyers take advantage of lower monthly payments, and get the most home for their dollar. Plus builder paid closing costs means homebuyers starting saving big from the beginning.” 

Starting from the low $320,000s, Altura is the most affordably priced neighborhood at Tesoro Viejo.  The new collection features two-story homes that range in size from approximately 1,580 to 2,205 square feet that go up to four bedrooms, three bathrooms and a tandem three car garage. The homes showcase open floor plan designs with an abundance of oversized windows and plenty of natural light. 

Designed with flexibility the homes offer opportunities for a hobby room, lofts, dens and an Idea Room with endless possibilities.  In addition, exteriors at Altura feature stunning architecture in Farmhouse, Santa Barbara, and Spanish styles

The innovative new homes are value packed with all the amenities that make a house feel like a home upon moving in. Some of the included features are stainless kitchen appliances, plank tile floors, shaker cabinets, granite countertops, washer, dryer, refrigerator and more.

“Our Altura collection at Tesoro Viejo offers three all-new floor plans with modern conveniences, minimum maintenance, and maximum style and quality,” said Hogan.  “Homeowners will appreciate the numerous on-site amenities at Tesoro Viejo including the new Hillside Elementary School, the resort-style Clubhouse, miles of walking/biking trails, neighborhood parks, and the coffee house,” she added.   

Nestled at the foot of Little Table Mountain, Tesoro Viejo is an award-winning, 1,600-acre master-planned community located in southeastern Madera County.  Located east of Highway 41 just minutes north of River Park, the community will be a vibrant hub with a walkable town center, a Madera County fire station, Madera County Sheriff substation, schools, resort-style community clubhouse and about 400 acres of permanently preserved natural open space, parks, recreational areas and miles of trails.

Altura is located in Hillside Village, the first of nine residential villages at Tesoro Viejo. Across from the new neighborhood is Chawanakee Unified School District’s Hillside Elementary School that serves students in transitional kindergarten through 8th grade.  The school features a science, technology, engineering and math (STEM) curriculum, as well as a college and career exploration program that gives students an opportunity to learn about careers in the medical field and biotechnologies.  

Residents at Altura will enjoy resort-style amenities at the clubhouse in Hillside Village. Designed with a contemporary rustic flair, the Ranch House features pools, splash pad and cabanas, BBQ Pavilion with event lawn, outdoor living room with fireplace, and surrounding mountain views.  And the enjoyment doesn’t stop there – Hillside Village features an outdoor amphitheater for fun-filled community events like outdoor concerts.

The Town Center is at the core of Tesoro Viejo and includes “The Hub,” an innovative Welcome Center where you can learn about Tesoro Viejo. AXIS, the neighborhood coffee bar and eatery, offers free trade coffee, lattes and a seasonal food menu. The Town Center is also the home to Madera County Fire Station No. 7 and a Madera County Sheriff substation.  

To tour the new model homes, interested homebuyers are invited to visit the Altura Welcome Center, open Monday – Saturday 10am to 6pm and Sunday11am to 5pm, east of Highway 41 and Town Center Blvd. 

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*Annual Percentage Rate of 4.731% based on an owner occupied, full documentation, 30 year fixed rate FHA loan at a 3.75% interest rate & loan amount of $311,598.00 with a 96.5% LTV. Requires a 3.5% down payment & based on a 640 credit score. Buyer must qualify according to FHA guidelines.  **Assistance with closing costs means that a portion of certain closing costs that would normally be paid by the buyer will be paid by the seller. Buyer may be responsible for some closing costs. See a Community Representative for details. This offer is available only if buyer obtains a loan through McCaffrey Home Mortgage CA Lic# 01225116, NMLS# 248261.

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