This townhouse apartment is updated throughout. The galley kitchen is new and the bathroom is nice and spacious. All 3 bedrooms do not have closets in the rooms, but there is a large closet on the third floor that could be used by the two upstairs bedrooms. The first room when you enter could be a dining room or living room. There is a bonus room on the 3rd floor that could be used as an upstairs living room if you want a dining room on the 2nd floor. There is a front and back entrance, and an exit door in one of the bedrooms. There is not off street parking at this time but it may be offered in the future. The house is in the process of being vinyl sided. Showings will be scheduled for qualified applicants after a preliminary application is submitted. To qualify you need to have good credit, steady income history, and you need to make at least $5850 a month gross (or proof of subsidized housing qualified for the number of beds). Details are in the firm remarks and attached.
Type | Level |
---|---|
Bedroom 2 | Third |
Bedroom 3 | Third |
Dining Room | Second |
Kitchen | Second |
Living Room | Third |
Master Bedroom | Second |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,560 | $1,560 | $1,560 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $10 | $10 | $13 |
Total Monthly Payment | $85 | $85 | $88 |
* 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.