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This is a lovely home in the desirable Villages at Bridgewater community. This home has an open floor plan, with the living room, kitchen and dining room all open to one another which is great for entertaining. They have laminate flooring and located at the back of the house. The kitchen has dark cabinets, stainless steel appliances, a breakfast bar and pantry closet. There is a sliding door off the living room that leads to the spacious backyard with the view of the pond. There are 3 bedrooms and 2 bathrooms with a 2 car garage and a separate laundry room. The primary bedroom is large enough for a king sized bed and ample room for dressers. The primary bathroom has walk in shower, the vanity has plenty of countertop space and there is a huge walk in closet. The secondary bedrooms are nice sized with built in closets. All the bedrooms have carpeting and are light and bright. The laundry room has shelved and comes with the washer and dryer. There is a water softener and the home has solar panels so the electric bill is minimal. The HOA provides basic cable, high speed internet and there is a clubhouse, community pool, playground, dock, tennis/pickleball and basketball courts that the tenants can enjoy. The community is near Florida Polytechnic University, Lakeland Regional Hospital, as well as a variety of restaurants, shopping areas and easy commuting access to I-4. Application fee of $100 per adult - non refundable. Anyone 18 or older residing in the property must apply. Credit and background checks will be done. NET income (income after taxes and deductions) must be a minimum of 3x the rent - verification necessary. No evictions in the past 5 years and no felony convictions in last 7 years allowed. Lease must start within 2 weeks of acceptance.
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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 | $2,080 | $2,080 | $2,080 |
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% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $14 | $17 |
Total Monthly Payment | $88 | $89 | $92 |
* 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.