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Under Construction. What's Special: Model Home Leaseback | Model Home | Model Home Plan | Close to Amenities. Model Home Leaseback - Available Now for March Closing! Built by Taylor Morrison, America's Most Trusted Homebuilder. Welcome to the Hemlock at 2790 Armadale Drive in Southloch! Step inside this new townhome style condominium and feel right at home in a space designed for comfort and ease. The foyer opens to an inviting dining area and bright great room, leading to a stylish kitchen with a large pantry and a lanai—perfect for relaxing or entertaining. A convenient half bath completes the first floor. Upstairs, your private primary suite awaits with two generous closets and a spa-like bath. A secondary bedroom with its own ensuite bath and a nearby laundry area make everyday living simple and organized. Southloch offers a gated community with a vibrant lifestyle near historic downtown Mount Dora, known for charming shops and lively festivals. Planned amenities include a pool, cabana, hammocks, cornhole, and a Monarch Butterfly Garden. Golf lovers will enjoy the nearby Country Club of Mount Dora, and a golf cart trail connects you to shopping and recreation. Spend weekends boating on Lake Dora or exploring boutique dining and cultural events—all just minutes away. Additional Highlights Include: Whole house blinds. Photos are for representative purposes only. MLS#TB8458809
*Model Home Prices exclude furniture, decorative accessories, and closing costs and already include any lot premium, Seller installed options and upgrades; Buyer-selected options are no longer available. For financed buyers, lender restrictions on leasebacks for certain lenders may apply. No representation of any kind is made or implied regarding the Model Home's future value or benefits, or availability of financing for a leaseback transaction. See Model Home Purchase Agreement, Model Home Addendum, Model Home Leaseback Agreement and, if applicable Non-Realty Bill of Sale Addendum (for furniture and any other non-realty personal property sold separately in select model homes) for details.
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Our Executive Mortgage Banker:
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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
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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 | $254,887 | $254,887 | $254,887 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,569 | $1,609 | $2,117 |
| Total Monthly Payment | $1,644 | $1,684 | $2,192 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.