To Get the lease fee the Realtor must show the property and be involved with the transaction. Must collect the deposit and send it to FLAHOMES within 2 days after the approved application. Make sure that the cashier’s check or money order are made out to Florida Home Sales & Management LLC.
TENANT REQUIREMENTS
1. They can have no Eviction
2. They must have good rental history
3. They must have an income that is three times the monthly rent gross that is before taxes are taken out.
4. Rental history must be good and must be able to be verified
5. If you have NO rental history, then your credit score must be above 500
6. If you have a pet must be approved by us and there is a $400 nonrefundable pet fee. Must have vaccinations and be able to send us a copy of their vaccination record.
7. They must also carry pet insurance on the pet. You can tell them they can get pet insurance with your rental insurance which can be obtained through your auto insurance company.
8. There is a $65 application fee for each adult. This is nonrefundable as we use this money to run the background checks. Our information comes back in approximately 48 hours the longest delay as getting your rental history from your current and previous landlords. Please let them know that we will be contacting them. If they are in an apartment, we will send you a form to sign to present to the apartment complex or real estate company.
9. The security deposit will be determined on what comes back from your application. If They ever have a lot of late pays from previous landlord, there could be an increase your security deposit.
Thank you and have a great Day.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $1,276 | $1,276 | $1,276 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $9 | $8 | $11 |
Total Monthly Payment | $84 | $83 | $86 |
* 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.