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Great 2/2. 5/1 Townhouse in gated community of Silverleaf in Seven Oaks. This townhouse has been freshly painted and new carpet has been installed up the stairs and on the 2nd floor. Open floor plan with fully equipped kitchen, including island, closet pantry and designer tile splash guard. Beautiful laminate floors throughout living area. Tile in kitchen and baths and new carpet upstairs and freshly painted! 1/2 bath downstairs for guest convenience. 2 spacious bedrooms, 2 full baths and the laundry closet are located upstairs. Great location with easy access to shopping, dining, schools, and Interstate for commuting. Access to the all the amenities of Seven Oaks Club - resort style pools, water slide, tennis courts, gym, playgrounds and many more! Applicants must have a credit score of 600 or better and must make 3x the rent in NET income. Once approved by owner, applicants will be able to apply with the HOA. HOA can take up to 15 days for the approval process. HOA application fee is $150/adult or $150 for a married couple. Rent, Non-Refundable Pet Fee (if applicable) and Administrative Fee of $125 is due on the day of move in.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950
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 |
|
|---|---|---|---|
| Loan Amount | $1,560 | $1,560 | $1,560 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $9 | $9 | $12 |
| Total Monthly Payment | $84 | $84 | $87 |
* 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.