Discover Rainbow Park Unit 03, a hidden treasure located in Ocala, Florida, nestled within the thriving Marion County region. This delightful community offers a harmonious balance of peaceful living and modern convenience, making it a perfect fit for families, and anyone seeking a welcoming neighborhood. Rainbow Park boasts scenic landscapes adorned with lush greenery and vibrant blooms, creating a serene and inviting atmosphere. Homes are situated on spacious lots, providing ample room for outdoor activities like gardening, hosting gatherings, or simply soaking up the beautiful Florida sunshine. The location is truly exceptional. Residents enjoy quick access to downtown Ocala, where charming boutiques, delicious dining spots, and local entertainment abound. For nature enthusiasts, nearby parks and trails provide endless opportunities to hike, bike, or explore the stunning Central Florida scenery. Families will value the area's proximity to excellent schools, ensuring a strong educational foundation. Whether you're searching for your dream home spot, a tranquil retirement haven, or an exciting investment, Rainbow Park offers a vibrant lifestyle in one of Florida's most sought-after areas. Experience the charm and convenience of Rainbow Park today and start building your future in this exceptional community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,000
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 | $17,600 | $17,600 | $17,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $116 | $117 | $150 |
Total Monthly Payment | $191 | $192 | $225 |
* 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.