Critically important Mortgage Rate Facts – 3030 Karen Drive, Naples, FL 34112 (MLS# TB8417844)
Please note the mortgage rates and Annual Percentage Rate (APR) provided are based on specific assumptions for a conforming loan on the property located at 3030 Karen Drive, Naples, FL 34112 (MLS# TB8417844). These assumptions include a 20% down payment (for example, $20,000 on a $100,000 purchase), $1,950 in finance charges, 30 days of prepaid interest, and 1 point. A 30-day rate lock period is also factored into these figures.
Your actual APR will vary based on your individual down payment amount,associated fees,and the specifics of your loan transaction. rates and the margin applied to adjustable-rate mortgages (if applicable) are subject to change without notice and are influenced by your credit history and loan terms. The rates shown may differ depending on the property’s state, and availability is not guaranteed at the time of commitment or closing, potentially being subject to product restrictions.
For Adjustable Rate Mortgages (ARMs),the initial interest rate and principal & interest payment are fixed for either five years (5/6 ARM) or seven years (7/6 ARM),after which they will adjust every six months for the remaining loan term. It is important to understand that both the interest rate and APR may increase after your loan is finalized. these ARMs are indexed to the SOFR (Secured Overnight Financing rate), and the margin applied to this index may vary based on your credit profile and loan terms.
All mortgage rates are subject to change, and are contingent upon loan amount and product availability. The rates displayed may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable-rate mortgages, are subject to change without prior notice.
Licensing Information:
CT Mortgage Lender ML-2630 – MA Mortgage Lender and Mortgage Broker #MC2630 – NH Mortgage Banker #11083-MB – RI mortgage lender & Mortgage Broker #20051918LL & #20051919LB – NY Licensed Mortgage Banker – NYS Department of Financial Services LMBC 106535 / B500898 – NJ Residential Mortgage Lender 2630 – FL Mortgage Lender MLD1388 – VT Lender & Mortgage Broker #6952 & #1297MB.
