Under contract-accepting backup offers. What a GREAT OPPORTUNITY! ASSUMABLE FHA MORTGAGE 3. 75% interest rate, Buyer and/or Buyer’s lender to verify, research and determine if buyer qualifies to assume current mortgage (owner must occupy to assume current mortgsge) This 3 bedrooms, 1. 5 bath is in the perfect location, close to grocery stores, shopping and major highways. The big ticket items are already complete, which include: BRAND NEW AC, NEW HOT WATER HEATER, and the home has been repiped as well! Previous owner advised a new roof and electrical panel installed. There is tile throughout entire home so NO carpet to deal with. The roof is approximately 7 years old. Lots of space to spread out in the fenced backyard, along with a nice size block greenhouse or workshop that has plenty of windows and even electricity too! Garage enclosed as storage or flex space. The home has ample parking in the driveway. Some painting inside/out and TLC in the Kitchen is all this home needs. This an opportunity to add your own personal touch and style to make this your home sweet home! Priced to sell so hurry and call today for your private showing!.
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Our Executive Mortgage Banker:
Our Insurance Division:
$205,000
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 | $164,000 | $164,000 | $164,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | $126 | $126 | $126 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,119 | $1,090 | $1,406 |
Total Monthly Payment | $1,320 | $1,291 | $1,607 |
* 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.