10279 Julia Isles Ave, Oxford, FL 34484
3 beds · 2 baths · 2,340 sqft
Get a free consultation call with an expert in the mortgage assumption process.
PRICE IMPROVEMENT- ASSUMABLE MORTGAGE 2.375% interest rate. RESORT STYLE LIVING: This nearly new, solar-powered Berkshire model home in the desirable Enclave at Lakeside Landing offers the perfect blend of luxury and sustainability. Boasting 3 bedrooms, 2 baths, plus a versatile bonus room, this spacious 2,340 sq. ft. residence is situated on a lushly landscaped 0.32-acre lot with an oversized driveway, a large garage, and an additional golf cart bay. Inside, you'll find an expansive, open floor plan designed for both comfort and entertaining, featuring a professional-grade chef’s kitchen complete with stainless steel appliances, quartz countertops, and ample cabinetry. The large living and dining areas provide ample room for gatherings and open onto a screened lanai with new Chattahoochee flooring, where you can relax and enjoy the best of Florida’s weather year-round. The bonus room, with custom built-ins and a built-in desk, is ideal as a home office, library, or creative space for hobby enthusiasts. The home is filled with thoughtful upgrades, including enhanced lighting, build-ins in all closets, plantation shutters, garage storage racks, quick screen additions on both the garage and front doors, attic stairs, and a smart garage door opener. Designed for modern convenience, this home is entirely powered by a cutting-edge solar system, with electric bills only covering the power company’s $33 monthly admin fee. Residents of Lakeside Landing enjoy a wealth of amenities, including a resort-style pool with a waterfall, a secondary pool, hot tub, clubhouse with a billiards room, tennis courts, a putting green, playground, and dog park. The HOA covers lawn care and trash pickup, making life here as convenient as it is luxurious. Meticulously maintained and featuring a neutral color palette, this home is move-in ready for its next owner. Don’t miss your chance—schedule a private tour today!
Source: STELLAR #OM688894
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #OM688894
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.