Under Construction. SELLER PROMO – UP TO $20, 000. 00 FLEX MONEY CAN BE USED TO BUY DOWN MORTGAGE INTEREST RATE, PRE-PAID ITEMS. PRICE REDUCTION IS WITH CONTRACT SIGNED ON OR BEFORE 12/31/2024. SELLER PAYS CLOSING COSTS W/APPROVED LENDER. HURRY!! THIS HOME IS VERY POPULAR AND IT'S GOING TO BE STUNNING! POPULAR 2, 010 SQ FT PLAN OFFERS 3 LARGE BEDROOMS, HUGE LIVING ROOM, LARGE DINING ROOM, SEPARATE DEN/OFFICE, VAULTED CEILING IN LIVING ROOM, TRAY CEILING W/CROWN MOLDING IN OWNERS BEDROOM. KITCHEN HAS VAULTED CEILINGS, LOTS OF CABINET STORAGE/COUNTERTOP SPACE, STAINLESS STEEL STOVE, MICROWAVE & DISHWASHER. A 10X14 COVERED PATIO ON THE BACK OF THE HOUSE IS INCLUDED AND WITH THE CRAFTSMAN ELEVATION THERE IS A COVERED FRONT PORCH ALSO! BRING YOUR ROCKERS AND A GLASS OF SWEET TEA!! THIS HOME IS GOING TO HAVE STUNNING CURB APPEAL AND A "WOW" EFFECT ON THE INSIDE! HURRY IN TO REVIEW DETAILS AND OPTIONS/COLORS CHOSEN. CHANGES MAY BE MADE FOR A SHORT TIME!! HURRY! SELLER ALSO PAYS CLOSING COSTS W/USE OF APPROVED LENDERS!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$296,250
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 | $237,000 | $237,000 | $237,000 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $11 | $11 | $11 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,575 | $1,999 |
Total Monthly Payment | $1,683 | $1,661 | $2,085 |
* 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.