1071 W Pointer Loop, Hernando, FL 34442
3 beds · 3 baths · 2,222 sqft sqft
Live a life of splendor when you join the ranks of Terra Vista Citrus Hills. Named one of Top 50 Master-Planned Communities in the United States according to Where to Retire magazine, this magnificently manicured community offers THREE GOLF COURSES, THREE RESTAURANTS, a SPA, FITNESS CENTER with OLYMPIC sized pool, walking trail, DOG PARK, playground, clubs and classes to keep you busy. When you're not enjoying the amenities, you'll be living it up in the comforts of luxury at home in your three bedroom, two and a half bathroom pool home! Outfitted with custom Hunter Douglas Luminets and Silhouette window coverings, engineered hardwood floors and tile throughout, plush carpeting in the bedrooms. This home is only SEVEN YEARS NEW and every system has been pristinely maintained so you have years and years of worry free living! Grab a bottle of wine from your wine cooler to enjoy while preparing dinner on your gas range and built-in oven and microwave. Never miss a minute of the activity or view as you enjoy this wide open floor plan. Throw open your sliding glass doors that pocket to reveal all the glory of the pavered lanai and saltwater pool, complete with a rotating colored light, a surround stereo system, TV, and has been plumbed and gas lines and electric run for an outdoor kitchen! Additionally, two gas lines have been run for tiki torches!! Retire for the evening to your master suite, soak in the jetted tub or unwind in the large walk-in shower with double shower heads. The three car garage was extended by two feet and encompasses a workbench and access to plumbing for master tub access. Rest your head at night with peace of mind with your whole house security and camera system as well as the guarded gate at the front entrance of the community. Mounted TVs inside and outside convey with this fine home. You'll truly want for nothing in this atmosphere so don't spend another minute waiting to live the life you deserve! This isn't just a new home, this is an EXPERIENCE! Call today for your private tour!
Source: STELLAR #w7868332
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7868332
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: #w7868332
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.