Financing Flyer

List Price: $405,950

MLS#

Apply Onine Todaywith Aling Lending

1921 Derby Rd, Birmingham, MI 48009

3 bd | 1 ba | 1,516 sqft

Listed By:

Amber Goodwin

Real Estate Agent

Mobile: 248-320-6195

EXP Realty

Possible Fix and Flip

Monthly Payment:

Loan Program: Lender Paid

Interest Rate: 0.000%

APR: 0.000%

Principal & Interest: $0.00

Taxes: $0.00

Insurance: $0.00

Mortgage Insurance: $0.00

HOA: $0.00

Total Monthly Payment: $0.00

Payment Information being Provided by Jeff Carlston NMLS#315077 with Align Lending NMLS#2041154

If, you have any questions your welcome to give me a call Jeff @ 801-548-2627

Loan Information:

Purchase Price: $0.00

Down Payment: 5% = $0.00

Base Loan Amount: $0.00

Occupancy: Primary

Property Type: Single Family

Loan Program: Conventional

UFMIP: $0.00

Finial Loan Amount: $0.00

Credit Score: 720

APR Closing Costs: $0.00

Loan Limit: $0.00

Rates are as of 10/15/2024 and subject to change. Figures provided as examples only and are not a commitment. Additional conditions, qualifications and restrictions may apply. Please contact Jeff for the most up-to-date pricing. LO state NMLS#315077, An Equal Housing Lender Align Lending NMLS#2041154 MI.

Renovate Space

Many properties can be revitalized with a straightforward renovation, bringing a modern touch to existing structures.

Here are some key benefits and considerations:

Improve a Home's Functionality or Attractive
Eliminate Health and Safety Hazards
Plumbing or Sewer System
Electrical
Replace Flooring
Accessibility for Disabled Person
Much More

Bathroom

Kitchen

More Living Space

Welcome

This flyer provides essential information about financing options available for this property. To learn more about how you can finance your dream home, please complete the form included. By doing so, you’ll receive personalized information on loan programs, interest rates, and payment options that best suit your needs. Let us help you take the next step towards owning your new home!

Please, contact me about financing this property.

About Financing this Property provided by Amber Goodwin

What Are Your Current Real Estate Needs?

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Jeff Carlston is a Licensed Loan Officer NMLS #315077 with Augusta Lending Utah NMLS# 353774 Align Lending Michigan NMLS# 2041154

Jeff Carlston

Loan Officer

NMLS# 315077

Direct: 801-548-2627

[email protected]

lendhomeloans.com

Align Lending NMLS#2041154

As your dedicated Loan Officer, Jeff Carlston, I am here to provide you with the guidance and support you need to make informed decisions about your mortgage options. With my extensive experience and commitment to personalized service, my goal is to help you secure the best financing solutions tailored to your unique needs. Whether you’re a first-time homebuyer or looking to refinance, I’m here to assist you every step of the way. Let’s turn your homeownership dreams into reality together!

1. Apply Online

Apply Onine

2. Upload Necessary Documents

These documents will be necessary to approve your mortgage application. And will help your mortgage application go as quick and smoothly as possible.

3. Close Your Loan

Estimated Closing Costs

Standard hard closing costs are generally consistent across all mortgages. These costs encompass fees that must be paid to the lender, appraiser, title company, and any other parties involved in the mortgage closing process. One common example of a hard closing cost is the Annual Percentage Rate (APR) fee.

$850.00 * Processing Fee (Third Party Fee)

$1,050.00 * Underwriting - I can get a lender credit to pay the underwriting fee.

$65.00 * Wire Transfer Fee

- Appraisal Fee: $500 PFC, Paid Up Font

$95.00 Credit Report - This is the amount charged in credit report fees

$92.00 Tax Service Fee

$12.00 * Flood Certification Fee

Third Party Fees You Can Shop For

This is not a lender fee. As the buyer you can select any Title company of your choosing. The amount of title insurance could be more, it depends on the title company. The fees below are from Sterling Title.

$575.00 * Closing Fee

$0.00 * Doc Prep Fee

$0.00 * Title Insurance: (Depends on the Purchase Price & Title Company)

$0.00 * Closing Protection Letter

$0.00 * Endorsements

Third Party Cost

This is what the State of MI charges to record your closing documents with the county recorder.

$30.00 Recording Mortgage Fee

$35.00 Recording Deed Fee

Total Closing Costs

Total Closing Costs (Hard Costs) = $4,442.00

Estimated Prepaid Items: (Insurance & Taxes)

When you buy a house, part of the money you pay for closing costs are escrows. Escrows and closing costs are actually two separate things and often lumped into the term “closing costs” meaning the total amount you have to come up with to close a loan. Escrows are called prepaids or items to be paid in advance and the reserves deposited with the lender. Items required to be paid in advance are interest from the day you close until the end of the month and your taxes and insurance premium.

While prepaids are an expense to close they are not considered closing costs. If you are going for all settlement charges except the UFMIP to be paid by the seller. In the contract, you need to say that all closing costs, prepaid items, and impounds will be paid by the Seller.

Cash from/to Borrower at Closing:

This amount includes the down payment and the odds day interest, prepaids, and closing costs that are not covered by the seller contribution, or lender credit.

Jeff Carlston