HUD home! Beautiful Block home with GREAT Ceramic tile. HUGE rooms and very private yard with a covered porch. It has the cutest kitchen with all the built-ins and a GIANT Florida . Home features a large private laundry room, just off garage and main hallway. What a great location yet peaceful. This home is located in private area just off main roads with close access to shopping, hospitals, medical and many Deland Restaurants. IF you head North you can quickly be in Daytona Beach and home of Nascar racing. Just Go south to Orlando, where you can swim with Dolphins or Visit MICKY MOUSE! The best of Florida just mins away. IT is FHA Financing: IN (Insured) * 203K Eligible Yes * and is FHA Eligible. Case Number: 094-9522871 Eligible Bidders: Owner Occupants, Nonprofits, and Government Agencies only Bid Submission Deadline: 12. 27. 2024 All info believed to be correct PLEASE check to confirm. Hud follows equal right and equal housing rules. Hurry will not lst long !
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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 | $252,000 | $252,000 | $252,000 |
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 | $421 | $421 | $421 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,698 | $1,675 | $2,125 |
Total Monthly Payment | $2,194 | $2,171 | $2,621 |
* 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.