
At Apex Penthouses, you’ll find exceptional value for your housing dollar. We offer
outstanding views, elegant finishes and unsurpassed amenities as compared to other
condos in Tacoma. There are several ways to get the most for your dollar at Apex.
Below are examples of just a few ways you can save when purchasing a penthouse
at Apex:
Ten Year Tax Abatement | View Tax Abatement Page |
Apex Penthouses qualifies for the City of Tacoma’s 10-year property tax abatement
program. This means that HOMEOWNERS WILL PAY NO PROPERTY TAX on the building
for the first ten years after its completion, only on the pro-rated portion of the land.
For example, the 10-year savings on a $265,000 unit could be more than $42,000!*
Rules & restrictions may apply.

These tax savings are fully transferable. If you sell your home in less than ten years,
the new buyer will receive these tax benefits for the remaining years. This adds huge
resale value to your home.
Savings Benefit: As a result of these remarkable tax savings, you can qualify to
purchase more home.
Down Payment Assistant Program | View DPAP Chart |
Apex Penthouses is located within the City of Tacoma’s chosen area for assisting with
down payments. This city program offers a loan of up to $20,000 with no monthly
payments for 20 years. Find out if you qualify – speak with our lender today.
Rules & restrictions may apply.
Savings Benefit: You can qualify to buy more home and possibly do so with no down
payment out of your pocket.
Built Green® Certified | View Built Green Information |
Apex Penthouses are certified Built Green® at the highest rating by the Master Builders
Association of Pierce County. A Built Green home provides you with a healthy, more
energy efficient home while conserving resources helping to protect our precious
northwest environment. And the Built Green® trademark gives added value to your home.
Savings Benefit: When purchasing a Built Green home you’ll receive a reduced interest
rate (by 1/8%) as well as a higher qualifying debt to income ratio (2 % increase), so you
can qualify to buy more home.
Power Packed HOA | View HOA Chart |
Apex Penthouses Homeowner Association dues are less than most Tacoma area
condominiums and include so much more. These dues not only incorporate your water,
sewer and garbage dues, but also include Apex’s exceptional property amenities –
unmatched in Tacoma – as well as general building maintenance and security features.
Savings Benefit: Less outside expenses and overall lower cost of living.
As low as 3% Down Financing
At Apex Penthouses, many different financing options are available, including as low as
three percent down mortgages. Get pre-approved today.
Savings Benefit: We’ll work with you to determine the best financing programs available to
fit within your budget.

When purchasing at Apex, there are many ways to save, so we encourage you to speak
with our onsite lender today to find out the best program to suit your financial situation.
To learn more about these and other financing options available through our preferred lender,
please contact
Johan Mejia at (253) 468-3247 or
Johan_Mejia@countrywide.com.
| * Rules & Restrictions Apply |
 |






Studio Unit
Apex Penthouses Studio condominiums are priced from $174,950

Monthly Mortgage Estimate #1 shows a $20,000 down payment utilizing the
City of Tacoma's Down Payment Assistant Program on a 30-year fixed loan.
|
Apex Studio Monthly Mortgage Example* #1 |
 |
 |
 |
| |
Sale Price |
$174,950.00 |
|
Down Payment Assistance Program |
-$20,000.00 |
| |
Loan Amount (With no cash out of pocket) |
$154,950.00 |
|
6.25 % Monthly Payment |
$954.05 |
| |
Built Green 1/8 % rate reduction (6.128%) |
$941.49 |
|
10 Year Property Tax Abatement |
$50.00 |
| |
Subtotal of Payment |
$991.49 |
|
Mortgage Insurance |
$109.00 |
| |
Estimated monthly mortgage payment* |
$1,100.49 |
|
|
plus HOA dues |

Monthly Mortgage Estimate #2 utilizes 3% down financing on a 30-year fixed loan.
|
Apex Studio Monthly Mortgage Example* #2 |
 |
 |
 |
| |
Sale Price |
$174,950.00 |
|
3% down |
-$5,248.00 |
| |
Loan Amount |
$169,701.00 |
|
6.25 % Monthly Payment |
$1,044.00 |
| |
Built Green 1/8 % rate reduction (6.128%) |
$1,031.00 |
|
10 Year Property Tax Abatement |
$50.00 |
| |
Subtotal of Payment |
$1,081.00 |
|
Mortgage Insurance |
$109.00 |
| |
Estimated monthly mortgage payment* |
$1,190.00 |
|
|
plus HOA dues |
*Sample payments are estimates and only for comparison purposes.
Rates change frequently and only once application has been taken and loan
is locked can the accurate rate be given.

Equal Housing Lender. 2006 Countrywide Home Loans, Inc., 4500 Park Granada,
Calabasas, CA 91302. Trade/service marks are the property of Countrywide
Financial Corporation and/or its subsidiaries. For Washington residents and
properties only. Some products may not be available in Washington. This is not
a commitment to lend. Restrictions apply. All rights reserved. Steve Jensen Homes
and Countrywide Home Loans, Inc. are not affiliated; each company is independently
responsible for the products and services it offers.