Pre-Construction. To be built. **PRE-CONSTRUCTION. TO BE BUILT** Picture your new estate home set on 0. 99 acre of serene land located in the new Shoreline Ranch community in Umatilla. Take advantage of this fantastic opportunity to build this turn-key, 2, 527 sq. ft. , 3 bedroom, 2 bath home built by Kevco Builders, Inc. - Lake County’s most trusted and award-winning builder. The Jamestown model features an open floor plan with a generous great room open to the kitchen and breakfast nook. This area will be complete with tray ceilings, stainless steel appliances, granite counters, beautiful 42-inch kitchen cabinets and includes rounded drywall corners and crown molding. The owner’s suite includes a tray ceiling, a large walk-in closet and luxurious owner’s bath. Other special features include a side-entry 3-car garage and a spacious lanai. Master craftsmanship and premium materials elevate the radiance of your custom-built Kevco home. The lot is clear and ready for building. Shoreline Ranch is a gated lakefront community in Umatilla, just minutes away from historic Mount Dora and Tavares, “America’s Seaplane City” in north Central Florida. In addition to your private acre, the Shoreline Ranch community provides access to a community boat ramp, making lake living a breeze. Don’t miss your chance to own a piece of paradise with unparalleled access to nature and modern conveniences. ** The photos of the house are of a previously built home. Some features and finishes are optional and can be discussed with the builder. **
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Our Executive Mortgage Banker:
Our Insurance Division:
$780,000
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 | $624,000 | $624,000 | $624,000 |
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 | $142 | $142 | $142 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,204 | $4,147 | $5,262 |
Total Monthly Payment | $4,438 | $4,381 | $5,496 |
* 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.