1017 S Glen Meadow Loop # 1, Lecanto, FL 34461
4 beds · 3 baths · 2,468 sqft
OWNER TO CONTRIBUTE $10,000 TO BUYER'S CLOSING COSTS OR RATE BUY DOWN PROGRAM. Immaculate 4-Bedroom/ 3-Bathroom Home with 2 ensuite bedroom/bathrooms with Spacious Living in Crystal Glen, Welcome to this meticulously maintained 4-bedroom, 3-bathroom home, offering the perfect blend of space, comfort, and convenience. Built in 2006, this stunning home boasts 14-foot cathedral ceilings that create an open, airy atmosphere throughout. As the original model home for the community, it comes with upgrades, including kitchen pantry and closet as well, and other storage spaces that set it apart. The spacious floor plan features a master ensuite, with one of the guest bedrooms also includes its own ensuite, while the remaining two bedrooms share a well-appointed bathroom. The inside laundry room, 2-car garage, and large corner lot enhance the practicality of this home, making it perfect for families or those seeking extra space. The heart of the home is the expansive kitchen, complete with an island and ample counter space, perfect for preparing meals and entertaining guests. The kitchen is open to a casual dining area and a cozy family room, creating a welcoming space for everyday living. There’s also a large formal living room and separate dining room for those special occasions. Enjoy the tranquility of the home’s location, which backs up to an open field with rolling hills, offering serene views and privacy. For those seeking recreation, the option to join the Crystal Oak Association provides access to a community pool, clubhouse, and fitness center. The low HOA fee of just $183 annually adds exceptional value to this already impressive home. Nestled in the heart of Florida’s beautiful "Nature Coast," this stunning home offers the perfect combination of peaceful living and natural beauty. Surrounded by abundant wildlife, scenic waterways, and lush parks, Citrus County is an outdoor enthusiast’s dream. Enjoy hiking, boating, or simply relaxing in nature, all just a short distance from your doorstep. Citrus County is known for its affordable living, making it an ideal choice for those looking for a more budget-friendly lifestyle without sacrificing quality. The county’s low taxes and excellent healthcare options, along with its laid-back atmosphere, have made it a favorite destination for those seeking a relaxed, community-oriented environment. While the area offers a rural charm, you’ll never feel isolated. The strong sense of community in Citrus County creates a warm and welcoming environment for all residents. Plus, despite its tranquil setting, you’ll still be within easy driving distance of larger cities like Tampa and Orlando, giving you access to more urban amenities when needed. While Citrus County’s slower pace and rural setting offers a peaceful lifestyle perfect for those who value serenity, nature, and a close-knit community. Experience the best of Florida living with this incredible home in Citrus County—where natural beauty, affordable living, and a friendly atmosphere await! This is a rare opportunity to own a stunning home in the desirable Crystal Glen community. Don’t miss out—schedule your tour today!
Source: STELLAR #TB8330143
Financials
Source: STELLAR #TB8330143
Source: Public records
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%. 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.
Other resourcesWhat 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.
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