Financing Flyer
List Price: $116,200
MLS# 2200013159
29542 Bobrich St, Livonia, MI 48152
1 bd | 1 ba | 717 sqft
Listed by Emily Anderson KW Professionals
Amber Goodwin
Real Estate Agent
Mobile: 248-320-6195
EXP Realty
Affordable Condo
Conventional Loan 5% Down
Monthly Payment:
Loan Program: Lender Paid
Interest Rate: 7.366%
APR: 0.000%
Principal & Interest: $761.76
Taxes: $62.00 (Annual $733.00)
Insurance: $0.00
Mortgage Insurance: $33.12
HOA: $215.00
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: $116,200.00
Down Payment: 5% = $5,810.00
Base Loan Amount: $0.00
Occupancy: Primary
Property Type: Single Family
Loan Program: Conventional
UFMIP: $0.00
Finial Loan Amount: $110,390.00
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.
Conventional Loan 100% Financing - Zero Down
Monthly Payment:
Loan Program: Lender Paid
Interest Rate: 7.366%
APR: 0.000%
Principal & Interest: $761.76
Taxes: $62.00 (Annual $733.00)
Insurance: $0.00
Mortgage Insurance: $33.12
HOA: $215.00
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: $116,200.00
Down Payment: 5% = $5,810.00
Base Loan Amount: $0.00
Occupancy: Primary
Property Type: Single Family
Loan Program: Conventional
UFMIP: $0.00
Finial Loan Amount: $110,390.00
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.
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?
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
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
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: $550 PFC, Paid Up Font
$95.00 Credit Report - This is the amount charged in credit report fees
$95.00 Tax Service Fee
$12.00 * Flood Certification Fee
$24.95 Electronic Registration (MERS) 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
$125.00 * Doc Prep Fee
$0.00 * Title Insurance: (Depends on the Purchase Price & Title Company)
$60.00 Courier/Wire Fee
$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.
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.
Augusta Lending - Utah
852 South Main Street
Pleasant Grove Utah 84062
NMLS# 353774
Align Lending - Michigan
2625 Pontiac Lake Road
Waterford MI, 48326
NMLS# 2041154
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Utah NMLS License #315077 For licensing information, go to: www.nmlsconsumeraccess.org
