Well maintained 2 bed-2bath manufactured home is located in the highly desirable 55+ community of Lake Arrowhead where you own the land extremely low monthly fee. New roof 2023, new a/c and hot water heater in 2022. The community amenities are outstanding, offering something for everyone. Enjoy recreation options such as billiards, a bocce court, and shuffleboard. Water enthusiasts will appreciate the boat storage and fishing pier. The community clubhouse serves as a great place for events and activities, with an expansive catering kitchen, while the fitness center, community pool, and spa cater to those looking to stay active and relaxed. There is also a library available for quiet reading and study. This property combines exceptional amenities, and an active community lifestyle, making it perfect for a dream 55+ community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,900
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 | $79,920 | $79,920 | $79,920 |
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 | $38 | $38 | $38 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $538 | $531 | $674 |
Total Monthly Payment | $651 | $644 | $787 |
* 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.