Looking for an affordable gated community in Ocala. Look no furthur. Located in desireable Southeast Ocala, only minutes from downtown , The Park is built around two parks, exclusive to residents living in the community . One of the parks, The "Commons" includes playground equipment, gym equipment, gazebo, and a pickleball court. A pavillion can be reserved by Park residents for special events, such as birthday partiesand family cookouts. With over 40 lots available, we are sure you will find the perfect lot to build your special home. The uniqueness of rear entry garages makes The park visually a diserablr community, asno othergarages are visible from the streets. Ready to build your dream home?There are several approved builders, however should you desire to bring your own, we can direct you on how to get yor builder approved. All homes must be approved by the developer and the HOA Board. Call us for a tour of this very desireable southeast community. Lot pricing starting at $65, 990
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $59,992 | $59,992 | $59,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $414 | $394 | $502 |
Total Monthly Payment | $489 | $469 | $577 |
* 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.