1 W Byrsonima Loop, Homosassa, FL 34446
3 beds · 2 baths · 2,062 sqft sqft
NEW walk in shower, quartz counter tops, plantation shutters and NEW A/C replaced in 02/2024. Welcome to this spacious home boasting 2062 square feet of living space, offering 3 bedrooms and 2 bathrooms. Step inside to discover new luxury vinyl plank flooring throughout. The heart of this home is its expansive living area, adorned with vaulted ceilings and a sliding glass door leading to the fully screened-in oversized lanai. As you enter, to your left is Guest Bedroom 1, featuring French doors that can easily transform it into a den or office space. To the right, the formal dining room awaits just steps away. Continuing through, you'll find Guest Bedroom 2 with a ceiling fan and ample closet space, conveniently located near the guest bathroom, complete with a single sink vanity featuring a top-mount bowl sink and a tub-shower combo. Down the same hallway, discover the indoor laundry room, equipped with a deep sink and wall-mounted cabinets, offering access to the 2-car garage. The kitchen is a highlight, boasting abundant cabinet space, a tiled backsplash, slide-in range, stainless steel appliances, and a center island. Adjacent to the kitchen is a cozy sitting room with a fireplace and sliding doors leading to the lanai. The master bedroom is a retreat of its own, featuring sliding glass doors to the lanai, a large closet, and an ensuite bathroom complete with a jetted tub, dual sink vanity, and a walk-in tiled shower. This home sits proudly on a corner lot, surrounded by beautifully landscaped grounds. Don't miss the opportunity to make this charming residence yours – schedule your showing today and seize this chance to call it home!The HOA fee includes lawn maintenance, irrigation, trash pick up as well as the Spectrum Gold cable TV package (2 HD television connections including one DVR) and WIFI with modem and wireless router.
Source: STELLAR #t3506593
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3506593
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #t3506593
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.