Meadow Downs

*Advertised monthly payment assumes a sales price of $101,990 and includes principal, interest, taxes, insurance and estimated private mortgage insurance premium only; any other fees such as HOA not included. Scenario assumes borrower qualifies for an FHA 30-year fixed rate mortgage loan of $100,143 with an interest rate of 5.25% and APR of 5.402% for the life of the loan and pays down payment of 3.5% of the sales price. Scenario assumes the buyer has good credit, sets up a tax & insurance escrow account, provides full documentation, and pays estimated closing costs of 3% of the loan amount. Rates effective 3/16/2010 and subject to change without notice. This offer subject to underwriting guidelines and is available only for owner-occupied homes. Advertised monthly payment is only available through KBA Mortgage, LLC. However, financing may be obtained through any other lender. Equal Housing Lender. KBA Mortgage, LLC is an operating subsidiary of Bank of America, N.A. Member FDIC. ©2010 Bank of America Corporation and KB Home, respectively. All trademarks are the property of Bank of America Corporation. Some products may not be available in all states where KBA Mortgage, LLC operates. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. KBA Mortgage and KB Home are independently responsible for the products, services and incentives each company offers. (01/10) AR102136. Monthly payments, prices, terms, interest rates, APR, taxes, insurance, specifications, calculations and all assumptions are only estimates which are subject to change without notice and are not guaranteed. Monthly payments will differ depending upon many factors, including, without limitation, differing prices, down payment amounts, increases in tax rates, private mortgage insurance costs (if required by lender), and insurance rates, as well as insurance deductibles, home replacement values and other insurance terms for flood, property hazard and other insurance. Additional restrictions, terms, conditions and limitations apply.

Prices and terms are subject to change, prior sale, selected lot premiums and/or predetermined options. Prices shown refer to the base house and do not include any optional features. Photos and/or drawings of homes show upgraded landscaping and may not represent the lowest-priced homes in the community. KB HOME reserves the right to make changes to its home designs and to build more or fewer homes than currently planned. All renderings and floor plans in these materials are an artists' conceptual drawings and will vary from the actual plans and homes as built. Square footage numbers are approximate and may vary depending on the standard measurement used.

Virtual Tours and photos show model homes displaying options/upgrades and upgraded landscaping which may be available at predetermined stages of construction for additional charges. If construction cut-off deadlines have passed, certain options/upgrades may no longer be available. Models also display many decorator items and furniture which are not available for purchase even upon additional payment. Visit the community for detailed lists of options/upgrades and decorator items and for additional important disclosures. Colors and images may vary from models. All renderings and floor plans in these materials are an artists' conceptual drawings and will vary from the actual plans and homes as built. KB HOME reserves the right to make changes to its home designs at any time without notice.

KB Home received one of the top three numerical scores in Jacksonville in the proprietary J.D. Power and Associates 2008 New-Home Customer Satisfaction StudySM. Study based on 50,837 total responses in 33 markets, measuring 14 builders in Jacksonville (Clay, Duval, Nassau, and St. Johns counties) and measures opinions of consumers who purchased a new home in 2007. Proprietary study results are based on experiences and perceptions of consumers surveyed in March-July 2008. Your experiences may vary. Visit jdpower.com.

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