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998 Edgewood Ave., Mill Valley, CA, 94941 w/ REX 12.5% Down Payment
998 Edgewood Ave., Mill Valley, CA, 94941 w/ REX 12.5% Down Payment Option
 
Using RPM Mortgage and REX Homebuyer, this home can be financed today as:
 
Purchase Price:  $1,949,000
REX Down Payment:  $243,625
Your Down Payment:  $243,625
Monthly P&I Payment:  $6362
 

 
Here are the terms for the scenario above:
 
Loan Amount:  $1,461,750
Loan Program:  7/1 ARM*
Interest Rate / APR:  3.250% / 3.145%
 
How can we help?
 
Property Info:  Sherrie Faber, 415-339-9200, sherrie@firstcaliforniarealty.com
Mortgage Pre-Approval:  Rob Spinosa, 415-367-5959, rspinosa@rpm-mtg.com
 
*Rates will only apply for the initial period.  The initial period for this program above is seven years.  The payment on a 7/1 ARM adjusts after 7 years and annually thereafter.  At adjustment, the rate will be the average of the Interbank offered rates for one year, U.S. denominated deposits in the London market (LIBOR) as published in the Wall Street Journal, plus a margin of 2.5%.  Rates are subject to a 5/2/5 cap.  A 5/2/5 cap may adjust no more than 5 points on the first adjustment, no more than 2 points at any annual adjustment thereafter, but in any event no more than 5 points higher than the rate during the life of the loan.  The APR of ARM's ... more

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