Excellent development opportunity to acquire the Central Congregational Church, designed by architects Hartwell & Swasey and recognized on the National Register of Historic Places. This magnificent structure has been a notable contribution to Fall River's architectural landscapeStep into a piece of history with this captivating property, a church built in 1875 and recognized on the National Register of Historic Places in 1983. Designed by esteemed architects Hartwell & Swasey, known for their notable contributions to Fall River's architectural landscape, this magnificent structure holds significance as the former home church of Lizzie Borden and her family. Immerse yourself in its restored interiors, once the International Culinary Academy, and discover the exquisite Abbey Grille, classrooms, and a grand function hall. The organ by Hook & Hastings adds a touch of melodic charm to the main hall, and the property's c
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,520,000 | $1,520,000 | $1,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,430 | $1,430 | $1,430 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,630 | $9,483 | $12,724 |
Total Monthly Payment | $10,185 | $11,038 | $14,279 |
* 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.