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Presented by
The HP Team |
*This lot was recently rezoned to AC-10 Activity Center*. Seize the opportunity to invest in the future progress of North Port located in one of North Port’s newest zoning districts. Located near the I-75 corridor and the Charlotte County border, this area is designed to be a high growth employment and commercial hub. The zoning provides the flexibility to bring your vision to life supporting a wide range of high-impact developments. Permitted uses may include industrial, medical offices, retail sales and professional office buildings among other possibilities. Don’t miss out on owning a piece of Florida’s second fastest growing city. As North Port works toward its goal of increasing non-residential development, these activity centers are the forefront of the city’s economic future. Buyers are encouraged to verify all intended uses, building requirements, and development standards directly with the City of North Port Zoning Department.
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Our Executive Mortgage Banker:
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$40,000
Sales Associates
William Raveis Real Estate
Phone: 704.773.3309
HPTeam@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $32,000 | $32,000 | $32,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $192 | $200 | $264 |
| Total Monthly Payment | $267 | $275 | $339 |
* 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.