Move in ready 3 Bed 2 Bath block home in the heart of Brandon. The property features many different living spaces, along with a fully fenced yard, no Homeowners Association and brand new AC unit. Terrazzo floors run throughout the main part of the home including the kitchen and bedrooms. An indoor laundry room with extra storage is sure to please. The flexibility of this home could allow for a efficiency/studio apartment with a few alterations. There is a separate entrance and full bath in the back of the home make this a possibility. That would leave the main home with 3 beds, 1 bath, laundry, kitchen and still plenty of space. This home is close to shopping and transportation. It's 1 block to the 6-8 grade middle school and a short walk/ride to the elementary. **The owner of this property is offering financing terms to any buyer with as little as 10 percent down. ** Do not miss on your opportunity to own a home of your own without the oversight of a mortgage company.
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Our Executive Mortgage Banker:
Our Insurance Division:
$312,000
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 | $249,600 | $249,600 | $249,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,640 | $1,659 | $2,105 |
Total Monthly Payment | $1,996 | $2,015 | $2,461 |
* 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.