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Fantastic opportunity to own a beautifully maintained townhouse in Stamford for income elegible families. This spacious, thoughtfully designed home features 3 generously sized bedrooms, 2. 5 bathrooms, and the convenience of a second-floor laundry. The kitchen flows seamlessly into the dining area, where French doors open to a private patio and backyard, perfect for entertaining or enjoying quiet outdoor space. Situated on a corner, this unit offers a larger yard than most in the community, providing added privacy and room to relax. Additional highlights include central air conditioning, efficient gas heat, and an attached garage. Please note: Sale is subject to Program income restrictions. Property must be owner-occupied and is not eligible for rental or investment use. Buyers must meet income eligibility requirements; refer to the attached income limits for details. Important Buyer Qualification Requirements: Buyers must be approved based on their annual household income. Realtors are required to verify that their clients meet income eligibility guidelines prior to submitting an offer. All offers must include the following documentation: last two years of tax returns, most recent two pay stubs, and a pre-approval letter or proof of funds. Please note: Buyers must not have owned any property within the past three (3) years. For cash offers, proof of funds is required at the time of submission. Property is back on the market due to the buyer's mortgage denial. No fault of the property.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Dining Room | Main |
| Eat-In Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $292,800 | $292,800 | $292,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $260 | $260 | $260 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,686 | $1,875 | $2,431 |
| Total Monthly Payment | $2,021 | $2,210 | $2,766 |
* 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.