CORNER LOT IN CITY LIMITS OF MOUNT DORA and ALL UNDERGROUND UTILITIES INSTALLED including electric hookup to lot already paid for by owner!!!! If you enjoy walking you will love the 20 minute stroll to downtown or drive your golf cart or bicycle. What a rare opportunity to find a level cleared lot with sidewalk and NO homeowners association!!! Great location close to the new 429 Expressway, and 441. This . 16 acre lot is zoned for one single family home and because of NO HOA, there's room to keep your boat or camper parked on your land on side yard or your private back yard. Build the cottage of your dreams with award winning builder West Construction Services, Inc who has been building in Florida for over thirty years! You are assured a quality home with three licensed contractors within the company checking on your new home progress everyday. Work with their professional designers or yours and start building in the best town in Central Florida!! Build your Mount Dora dream home on this beautiful lot with private back yard and no rear neighbors! Call me today for more info.
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Our Executive Mortgage Banker:
Our Insurance Division:
$129,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $103,200 | $103,200 | $103,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $695 | $686 | $870 |
Total Monthly Payment | $770 | $761 | $945 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.