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Welcome to Attainable Housing in Carolina Park! Nestled within the friendly confines of one of the Lowcountry's premier master planned communities, The Towns at Carolina Park, represents a tremendous home ownership opportunity. In this attainable housing community will be one hundred new 3-bedroom townhome style homes will be built just steps away from award-winning public schools, a 40, 000 square-foot public library, a full-service hospital, fire and police stations, big-box retailers and a growing number of shops, restaurants and services. This floor plan is the 1174SF Berkshire Plan and includes 3 bedrooms and 3. 5 bathrooms. First level includes a garage with storage as well as a full bedroom and bathroom with access to the backyard. 2nd level includes a combination of living and diningspace along with the kitchen with granite countertops, subway tile backsplash, stainless appliances, pantry and powder room. The 2nd level has LVP flooring. On the 3rd level find 2 en-suites each with their own bathroom (LVP flooring) with quartz countertops, 1 walk-in shower and 1 with tub/shower combo, laundry room, and pull down attic stairs for storage. Residents will be able to enjoy a tot lot, hammock garden and bark park. To purchase a home at The Towns at Carolina Park, buyers must meet both mortgage qualification requirements and income eligibility guidelines dictated by a non-profit SC company that helps local individuals and families achieve financial and housing stability. Amazingly, the HOA fee INCLUDES homeowner's insurance, a termite bond, exterior maintenance, and all landscaping. Buyers are responsible for obtaining an HO-6 Contents Policy to protect their belongings inside the home. Homeownership applications start with our preferred lenders, who will assist with mortgage pre-approvals and income certifications.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$454,900
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 | $363,920 | $363,920 | $363,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,153 | $2,241 | $2,949 |
| Total Monthly Payment | $2,228 | $2,316 | $3,024 |
* 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.