Under contract-accepting backup offers. Seller willing to give buyer a credit to go toward mortgage rate buydown. Beautiful modern craftsman style home in the heart of Conway. The interior boasts an open floor plan with a designer kitchen/living room combo remodeled in 2021. The stunning kitchen features quartz countertops with waterfall edge at the island, range hood and floating shelves giving it a clean modern look. Luxury vinyl planks, all appliances and 1st floor powder room also completed in 2021. Master suite is located on 1st floor and boasts a beautiful wet bar area. The 2 additional bedrooms and bathroom are located upstairs. Very spacious backyard with covered/screened porch as well as lanai with pavers and outdoor island area perfect for entertaining. Irrigation system, round up resistant sod and pavers installed in 2021. HVAC system also installed in 2021 which is maintained semi-annually and still under warranty. High end exterior security/camera system also conveys with the sale. Highly desirable Pershing K-8 and Boone High School districts. Excellent location convenient to shopping, highways, Lake Conway Chain of Lakes, Downtown Orlando, The Hourglass District, the Milk District, Thornton Park, Mills 50, Ivanhoe Village and Winter Park.
Realtor’s Preferred Mortgage Company is offering a free appraisal on all mortgage programs for this property.
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William Raveis Mortgage, LLC
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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 | $423,999 | $423,999 | $423,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $404 | $404 | $404 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,576 | $2,576 | $3,351 |
Total Monthly Payment | $3,072 | $3,072 | $3,847 |
* 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.