Description
*The interest rate is 5.50% with a 30-year Conventional fixed-rate mortgage and a 20% down payment. The ANNUAL PERCENTAGE RATE is 5.5507% and is based on a sales price of $400,000 with a loan amount of $320,000. Buyer must occupy the property and meet all qualification requirements of the program. The Seller's contribution is limited to agency limits which depend on the loan program and LTV. Payments are based on a minimum 720 credit score. Buyer must make loan application within 48 hours of contract signing and must close by March 31st, 2023. Advertised rate is for a limited time and is subject to change without notice. Other financing programs may be available with as little as 3.5% down. Financing is offered through M/I Financial, LLC (NMLS# 50684). The interest rate is based on a 2-1 temporary buy-down for a 30-year conventional fixed-rate mortgage with a 20% down payment. In the first year, the interest rate is 3.50%. In the second year, the interest rate is 4.50%. In years 3 through 30, the interest rate is 5.50%. The ANNUAL PERCENTAGE RATE is 5.3728%. Buyer must make loan application within 48 hours of contract signing by 12/31/2022.
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4BEDS
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0.17ACRES
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2BATHS
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11/2 BATHS
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2,416SQFT
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$135$/SQFT
School Information
Description
*The interest rate is 5.50% with a 30-year Conventional fixed-rate mortgage and a 20% down payment. The ANNUAL PERCENTAGE RATE is 5.5507% and is based on a sales price of $400,000 with a loan amount of $320,000. Buyer must occupy the property and meet all qualification requirements of the program. The Seller's contribution is limited to agency limits which depend on the loan program and LTV. Payments are based on a minimum 720 credit score. Buyer must make loan application within 48 hours of contract signing and must close by March 31st, 2023. Advertised rate is for a limited time and is subject to change without notice. Other financing programs may be available with as little as 3.5% down. Financing is offered through M/I Financial, LLC (NMLS# 50684). The interest rate is based on a 2-1 temporary buy-down for a 30-year conventional fixed-rate mortgage with a 20% down payment. In the first year, the interest rate is 3.50%. In the second year, the interest rate is 4.50%. In years 3 through 30, the interest rate is 5.50%. The ANNUAL PERCENTAGE RATE is 5.3728%. Buyer must make loan application within 48 hours of contract signing by 12/31/2022.
© 2023 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Excel Group | Keller Williams City View. Last updated 2023-01-27T23:32:37.683.