10860 NE 27th St, Oxford, FL 34484
4 beds · 4 baths · 4,559 sqft
Welcome to your DREAM HOME! This stunning 2.7-acre property, located in the premier neighborhood of Sumter Crossing, is now available and ready to be yours. As you approach this luxury residence, you'll notice the beautifully landscaped front entry gate, setting the stage for the home of your dreams. Stepping through the exquisite glass French doors, you'll be greeted by a grand foyer that is sure to leave you speechless. To your left, discover the home theater—an impeccably soundproofed room equipped with a state-of-the-art projector, screen, and theater seating for the ultimate movie experience. Throughout the home, plantation shutters, 10' ceilings, rounded corners, and elegant crown molding create a sense of refined design and craftsmanship. The chef-inspired kitchen is a true centerpiece, featuring stainless steel appliances, roll-out shelves, under-cabinet lighting, a walk-in pantry, and a glass-tiled backsplash. The spacious dining area is perfect for hosting family and friends. Magnificent granite countertops provide ample workspace, while the gorgeous white cabinetry with soft-close doors and drawers offers both functionality and style. Heading upstairs via the beautifully stained wood staircase, you'll pass through a set of French doors into the luxurious master suite. This serene retreat includes balcony access, a LARGE walk-in closet, and an additional 21x26 bonus room that can serve as an office, fitness room, or anything else you can imagine. The ensuite bathroom boasts a separate Roman shower and soaking tub, adding to the suite’s elegance. The other three bedrooms each come with their own attached bathrooms, with two of the bedrooms sharing a Jack-and-Jill bathroom for added convenience. Step outside onto the fully screened-in lanai and uncover the ultimate backyard oasis—a saltwater pool with underwater lighting. Featuring a gradual beach-style entrance, impressive stonemasonry, and dazzling glass fire bowls with water jets and waterfalls, this backyard retreat is the perfect place to relax and enjoy the Florida sunshine. Sumter Crossing is an exclusive, high-end custom home community conveniently located just a few miles from shopping, parks, schools, and more. Call today to upgrade your lifestyle and start living the Florida dream!
Source: STELLAR #g5087739
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5087739
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: #g5087739
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.