This cozy manufactured home in the sought-after Molokai Mobile Home Park offers a comfortable and convenient living space for residents in a 55+ community in Lake County, Florida. Featuring two bedrooms and two bathrooms, this home is perfect for those looking for a low-maintenance lifestyle. The open-concept living area has a spacious living room/kitchen/dining room combo. One of the highlights of this home is the Florida room, a sunny space that can be used as a home office, reading nook, or additional lounging area. The screened-in patio is perfect for enjoying the Florida weather year-round, whether you're sipping morning coffee or hosting a barbecue with
friends. Residents of the Molokai Mobile Home Park have access to a clubhouse and pool, providing opportunities for socializing, fitness, and relaxation. Located in Leesburg, Florida, this manufactured home is in a prime location with easy access to shopping, dining, entertainment, and outdoor activities. Don't miss the opportunity to make this charming home in the Molokai Mobile Home Park your own! Schedule your showing today!
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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 | $52,000 | $52,000 | $52,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $100 | $100 | $100 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $342 | $346 | $439 |
Total Monthly Payment | $517 | $521 | $614 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.