Are you looking for a home for the entire family? This MULTI-GENERATIONAL "smart" home is it! Bring mom and dad or have the new college student feel like they are own their own. Come check out this gorgeous NEW HOME in the lovely community of Cascades. This spacious home features an attached private suite with its own separate entrance, living room, kitchenette, bedroom and bathroom. In the main home is an open living space, study/den, 3 bedrooms and a covered back patio. The owner’s suite is tucked away in the back of the home and provides a private full-sized bathroom with his/hers sinks and closets. Both sides the home have their own washer/dryer hook ups. The back yard will have a brand new tan vinyl fence. Residents of Cascades will enjoy onsite amenities including a private swimming pool, fitness center and a family-friendly tot lot. Cascades is moments from excellent healthcare facilities, community recreation and upscale shopping and dining options at Posner Park. Downtown Davenport is 30 minutes away for local parks, unique bars and entertainment. Rent includes high speed internet/cable. Owner negotiable if rent paid upfront. Small pet allowed. Must make 3 x the rent. $75 application fee.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,800
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 | $2,240 | $2,240 | $2,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $15 | $15 | $19 |
Total Monthly Payment | $90 | $90 | $94 |
* 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.