Lennar Mortgage, What's Included and the Warranty at Acacia Groves

Lennar Mortgage is the home loan company owned by Lennar, the builder of Acacia Groves. You can use it, but you do not have to. Lennar's own disclosure says buyers are not required to use its listed providers and are free to shop around. This guide covers how Lennar Mortgage fits into buying at Acacia Groves, what Lennar lists as included in every home there, and what its warranty covers.

What Lennar Mortgage is, and what you are not required to do

Lennar's Affiliated Business Arrangement Disclosure says Lennar owns, directly or indirectly, 100% of Lennar Mortgage, LLC. It also says, in capital letters, that you are not required to use the listed providers as a condition of buying the home, and that you are free to shop around for the best services and rate.

That matters, because builders often pair their own lender with special offers. Lennar's Acacia Groves page mentions ""special promotions available when financing through Lennar Mortgage."" Promotions change, and they are not the same for every buyer. The only way to know if an offer is a good deal is to compare it with other lenders.

Lennar Mortgage describes its process in four steps:

1. Get pre-qualified. You give some early information and connect with a loan officer.

2. Complete the application. The team guides you through the paperwork.

3. Review and approval. The lender keeps you updated while it reviews your file.

4. Welcome home. You close and get your keys.

How to compare lenders the simple way

The Consumer Financial Protection Bureau suggests asking more than one lender for a Loan Estimate once you have picked a home. Its guide to requesting and reviewing multiple Loan Estimates says each lender must send you a Loan Estimate within three business days of your request. It also says buyers can potentially save $600 to $1,200 per year by getting offers from more than one lender.

Here is a plain way to do it:

• Ask Lennar Mortgage for a Loan Estimate.

• Ask at least one other lender for the same kind of loan.

• Put the two forms side by side and compare the rate, the fees and the cash to close.

• Ask Lennar's sales team in writing whether any promotion depends on using Lennar Mortgage.

If you have served in the military, a VA loan may be on the table. Our guide to using a VA loan on new construction explains the builder rules that come with it.

What Lennar lists as included at Acacia Groves

Lennar calls its standard package ""Everything's Included."" The same list appears on all six Acacia Groves plan pages. Lennar adds a note: see your New Home Consultant and your purchase agreement for the actual features in your home. So treat this as a starting list, then confirm it in your contract.

Kitchen

• Stainless steel appliance package with a Frigidaire side-by-side refrigerator, a 30"" smooth-surface electric range, a built-in microwave and a multi-cycle dishwasher

• Solid surface countertops with a 6"" backsplash

• Kitchen cabinets with 36"" uppers and brushed nickel hardware

• Stainless steel sink with a chrome pull-down faucet

• Recessed LED lighting and a pantry closet with ventilated shelves

Bathrooms

• Cultured marble countertops with built-in sinks in the owner's bath and secondary baths

• 12"" x 12"" ceramic tile on bathroom floors and shower walls

• Bathtub in secondary baths and a pedestal sink in the first-floor powder room (per plan)

Inside the home

• Central air conditioning and heating

• 18"" x 18"" ceramic tile on the first floor, laundry and A/C closet

• Stain-resistant carpet with padding in bedrooms, the second floor and stairs

• Pre-wiring for ceiling fans in the family room or Great Room and all bedrooms (per plan)

• Smoke and carbon monoxide detectors

• A Frigidaire top-load washer and electric dryer

Outside and structure

• CBS (concrete block) construction

• Impact-resistant glass windows

• Decorative stucco details on the front of the home

• Brick pavers at the walkway, entry and rear patio

• Dimensional roof shingles

Smart-home items

• Honeywell Home T6 Pro smart thermostat and an ElitePro S900 smart thermostat

• Ring Video Doorbell Pro

• Schlage Encode smart Wi-Fi deadbolt

• LiftMaster garage door opener with a built-in camera

Services

• A personal new home orientation

• A customer service team after closing

• Third-party home inspections

• Lennar Mortgage and Lennar Title as optional in-house services

The washer, dryer and refrigerator are worth noting. If you were planning to shop for those after closing, check this list first. Lennar lists them as part of the package.

The Lennar warranty at Acacia Groves

Lennar's services list describes a ""1-2-10 year Homeowners Warranty featuring 1 year overall limited coverage, 2 year systems protection and a 10 year limited structural warranty.""

In plain words:

Lennar's list does not spell out which parts fall under each line. The exact terms live in the warranty document you get at closing, so ask for a copy early and read the exclusions. For a deeper look at how this kind of coverage works, read our guide to what a 1-2-10 builder warranty covers. Our new construction home warranty guide also covers which records to keep and who handles each kind of claim.

Questions to ask about financing before you sign

Write these down and bring them to your first sales visit. Ask for the answers in writing.

• Is any price, closing cost help or rate offer tied to using Lennar Mortgage?

• If I use another lender, what changes in the offer, if anything?

• When does the offer end, and what has to happen by that date?

• Which loan types can Lennar Mortgage offer for this home?

• What deposit is due at contract, and is any of it refundable?

• What happens to my deposit if my loan is not approved?

None of these questions means something is wrong. They just make sure you know what you are agreeing to. If a promotion is worth it, it will still look good next to a second Loan Estimate.

How buying at Acacia Groves works, step by step

1. Tour the plans. Lennar lists six. Our six-plan comparison with room sizes helps you pick two or three to see first.

2. Ask which plans and homesites are for sale now. Not every plan may be open at once.

3. Get pre-qualified. Use Lennar Mortgage, another lender, or both.

4. Review the purchase agreement. Check the included features list against the contract.

5. Plan for move-in tasks. Set up water, power and trash in your name. Our guide to setting up utilities at Acacia Groves explains which companies serve the area.

6. Go to your orientation and closing. Lennar lists a personal orientation as part of its services.

Want the community overview first? Start on the Acacia Groves community page.

Common Questions

Have questions about financing or features? Call 561-704-0091 or pick a time to tour Acacia Groves.

Related reading: Two Lennar neighbors with almost the same name, compared