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REO/Foreclosure/Bank Owned. 2/2/0 Condo in Ramblewood East. Buyers and/or agents should confirm all MLS and COA information independent of this listing. Seller has no disclosures and property history. Offer Instructions are attached to this MLS listing. Download the pdf file and follow instructions. Listing agents best contact is via email. Sold As- IS without any repairs or warranty. Seller does not provide association docs or any disclosures. Water may not be available or seller may not allow to be activated. Mailbox keys/ fobs / or other entry or alarm devices will not be provided
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Our Executive Mortgage Banker:
Our Insurance Division:
$157,500
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $126,000 | $126,000 | $126,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $250 | $250 | $250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $796 | $828 | $1,055 |
Total Monthly Payment | $1,121 | $1,153 | $1,380 |
* 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.