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123 Your Dream House Ln

OPEN HOUSE

8.18.18 | 10 AM - 4 PM

Listed for sale at $705,000

We would like to invite you to our open house at 123 Your Dream House Ln on August 18th.

Stop by anytime from 10 AM to 4PM to take a look at the house and have any of your real estate and finance questions answered.

This light and bright beautiful 3 bedroom and 3 bathroom home has been remodeled with new paint, flooring, quartz countertops, stainless appliances, custom stoned fireplaces, new recessed LED lighting, to much to list...

The backyard has stamped colored concrete & a putting green with gorgeous relaxing views of the golf course.Please contact us for more information about this listing.

Features

Bedrooms: 3

Bathrooms: 3

 Year Built: 1999

Garage: 2 (attached)

Sq ft: 1,936


HOA: $388


 

FHA Loan Scenario as of 8.8.2018

Purchase price: $705,000

Loan amount: $692,231

Minimum FICO score: 640

Deferred payment, simple interest rate subordinate loan

Seller can pay up to 3% of closing costs

 

Interest rate: 4.25%

APR: 5.302%

Term: 30 years

Escrow & Title: First American Title Co.

Down payment: $24,675 (Covered by subordinate loan program)

 

Monthly Payment & Cash Required to Close

Principle & Interest:                       $3,405.36

Hazard Insurance:                               170.08

Taxes:                                                    734.38

Mortgage Insurance:                          464.89


Estimated Monthly Payment: $4,774.71

 

Estimated Cash Required to Close: $5,430.66

Deferred Payment Subordinate Loan

This incredible offer is possible with a deferred payment, simple interest rate subordinate loan through CalHFA.

This means that the lender will put up the $24,675.00 required for the down payment on this property, but you will be obligated to pay the lender back at some point in time plus interest.

This subordinate loan is due and payable after you sell the property or refinance it. Otherwise, you must start making payments on this loan after you paid off the first mortgage.

You are more than welcome to make payments on the loan every month or feel free to pay it off early in one lump sum as this loan has no prepayment penalties.

 

 

 

Al Leone

Real Estate Broker

Cell: 661.803.1849

Office: 661.259.6877

Fax: 661.259.6802

aleone@scvfinancial.com

NMLS: 246070 | DRE: 00704970

Trevor Williams

Mortgage Loan Officer

Cell: 661.312.0082

Office: 661.799.8515

Fax: 866.855.0653

trevor@lending-mart.com

NMLS: 1221195 | DRE: 02007001

Lets Get Started

If you're interested in this special offer and you want more information or if you would like to get started then leave a message or give me a call at 661.312.0082.

Apply Now for This Loan Scenario

Start our easy loan application process today and take one step closer to home ownership.

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