**This property qualifies for a closing cost credit up to $3, 900 through the Seller’s preferred lender. ** This 4 bedroom 2. 5 bathroom home is simply stunning, with its gorgeous landscaping and long appealing driveway. As you pull up to your new home that sits tucked away in a cul-de-sac, you will simply fall in love. This beautiful home features 2 large living areas. The Kitchen holds wood cabinetry and stainless steel appliances which give this home so much style. From the kitchen you will notice how it overlooks the huge dining/ living area that holds a built-in bar for you to create into a unique amazing space for entertaining and gatherings with family and friends. Working your way up the stairs where you walk into your bonus area that is perfect for flex space/ playroom or home office. Your master bedroom with its double doors holds an amazing bathroom with a walk in shower and walk in closet. The remaining bedrooms with built-in closets are just perfect for your little ones or guestrooms. The perfect screened in lanai with no rear neighbors overlooking the paver patio with fire pit is just the perfect lil oasis for your home. Arbor Ridge community holds a large community pool, sports field, beach volleyball court, playground. Come view your new home as this will not be on the market long, it is near expressways, dining and Mount Dora shops.
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Our Executive Mortgage Banker:
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$519,000
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 | $415,200 | $415,200 | $415,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $449 | $449 | $449 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,762 | $2,760 | $3,501 |
Total Monthly Payment | $3,303 | $3,301 | $4,042 |
* 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.