One or more photo(s) has been virtually staged. Under Construction. MOVE IN READY! ALL CLOSING COSTS PAID, special interest rates and up to $5, 000 Holiday Flex Cash available until December 31st. Must use preferred lender to receive closing cost contributions and special interest rates. See an on-site sales consultant for more details. Star Farms at Lakewood Ranch is D. R. Horton's premier destination located in the award-winning master-planned community of Lakewood Ranch. Set within Southwest Florida's natural beauty and close to many popular area attractions, this 700-acre gated neighborhood will consist of 1, 500 single-family homes, townhomes, and paired villas, all designed to meet the needs of today’s modern family. Star Farms is debuting our new Express Modern Series homes, ornamented with chic, contemporary exteriors and complete with matching trendy interior finishes. All homes will include luxury vinyl plank flooring in the main living areas, quartz countertops throughout, stainless steel appliances, and much more! All of our homes feature all-concrete block construction on the first and second floors and D. R. Horton’s state-of-the-art Smart Home Automation system. The first phase of The Resort Club amenity center is NOW OPEN, including Trade Route Coffee Kitchen, Resort Style Pool, Fitness Center, Athletic Performance Center, and Pet Park. Future phases of The Resort Club will include a Poolside Bar & Grill, Outdoor Activities Area, The Event Center, and The Terrace Chef’s Patio. Future amenity centers, Junction Place & Cabana Corner, will include a Baseball Field, Tennis, Pickleball & Basketball Courts, Golf Cart Parking, Playground, Clubhouse, Resort Pools & Splash Pad, Poolside Cabanas, Sand Volleyball, Poolside Grilling, Pet Park and more. Let America’s #1 Builder help you attain your piece of The Ranch at Star Farms at Lakewood Ranch.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,503 | $4,423 |
Total Monthly Payment | $3,684 | $3,595 | $4,515 |
* 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.