Bracken Woods by Adams Homes is NOW Selling. Bracken Woods is USDA ELIGIBLE (NO MONEY DOWN FINANCING). Model Home address is 3 Bracken Woods Way! Secure your brand new ALL brick home with just $1000. 00 deposit. Bracken Woods is conveniently located just 6 miles from Prisma Health’s Greenville Memorial Hospital, less than 7 miles to the beautiful downtown Greenville, and just minutes from Michelin and Donaldson Center, close to I-85, restaurants and retailers. 2100 sq ft, all on one level with a magnificent tree line view! The 2100 plan is a 4 bedroom 2 bath, ALL BRICK, ranch home! The 2100 features a front porch, formal dining, 9-10 ft ceilings throughout, vaulted ceiling in great room, kitchen island, 4th BR as optional study accompanied w/French foors and Luxury vinyl plank flooring, LVP flooring throughout (carpet in Bedrooms only), dual vanities and dual linen closets in primary suite, huge walk in closet, 2 car garage. (Model Home address: 3 Bracken Woods Way, Piedmont SC 29673)
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William Raveis Mortgage, LLC
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Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $296,240 | $296,240 | $296,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $150 | $150 | $150 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,971 | $1,969 | $2,540 |
Total Monthly Payment | $2,196 | $2,194 | $2,765 |
* 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.