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Presented by
Maura Alarcon |
One of the few remaining buildable lots on one of the best lakes in Central Florida. Bear Lake is a clear spring feed 310 acre lake that is well maintained by the Lake Associations (BLPA). Wonderful for swimming, boating, skiing and fishing. Located in a great neighborhood with highly rated Seminole county schools. This is a large property with over half an acre of land and 125' of shoreline. Cecelia Drive is a quiet street with no drive through traffic. The house on the lot is insignificant in value except for reducing impact fees. Tenant occupied. Call today as very few opportunities remain for this premier lake.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,065,000
Sales Associate
William Raveis Real Estate
Phone: 860.816.2849
Maura.Alarcon@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $852,000 | $852,000 | $852,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.223% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,905 | $5,177 | $7,132 |
| Total Monthly Payment | $5,030 | $5,302 | $7,257 |
* 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.