Under contract-accepting backup offers. PROPERTY CAN QUALIFY FOR A SPECIAL 0% DOWN PAYMENT FHA FINANCING (Not a down payment assistance program). Back on market due to previous buyer not qualifying for a mortgage. Welcome home! Take advantage of the HUGE savings with the solar panel system! This popular, sought after location is the perfect place to call home. This fantastic home features 3 bedrooms, 2 bathrooms, plus a bonus room. The large open floorplan design is great for entertaining with a living room that features a fireplace, dining room and kitchen combo plus a large bonus room/family room. The main living areas features vaulted ceilings with tons of natural light. The kitchen features a breakfast bar, beautiful countertops, backsplash, tons of cabinet space, and stainless steel appliances. The large fenced backyard is nice and private with a large concrete patio. One of the best features to this home is the corner lot that it sits on! Close to top rated schools, shopping, restaurants, beaches and parks! The Orangepoint community has NO HOA, and it is currently located in Flood Zone X. Realtor is related to the seller
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Our Executive Mortgage Banker:
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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 | $340,000 | $340,000 | $340,000 |
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 | $352 | $352 | $352 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,291 | $2,260 | $2,867 |
Total Monthly Payment | $2,718 | $2,687 | $3,294 |
* 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.