10909 Mattioda Rd, Groveland, FL 34736
5 beds · 3 baths · 3,237 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Gorgeous 5 Bedroom, 3 Bath, Custom Home on ~ 20 Acres, Plenty of Room for Animals in the Gated, Fenced Property. MANY UPGRADES! Open, Spacious Floor Plan w/ HUGE Front & Rear Porches, NO HOA, Find Peace & Tranquility by fishing in the Fishing Pond. BEAUTIFUL SUNRISE VIEWS from the Front Yard & AMAZING SUNSET VIEWS from the Back Yard. ~32 Solar Panels Paid in Full & Substantial Savings to the SECO Bill (see Photo). 3 Bay Detached Metal Garage ~31X40 (18’ Height) RV storage Garage equip w/ electric & lighting in each of the 3 bays, RV Electrical Connection at the house, Garage is rated for ~170 mile winds. From the Entrance the FRONT PORCH is 65' Long, walk inside to Grand Foyer w/ oversized tile that leads you past the formal dining room w/ engineered wood floors into to the HUGE Family Room featuring a Wood Burning Fireplace, rounded corners, 8" Doors & a tray ceiling! Family room opens to a CHEF"S DREAM KITCHEN w/ Oversized Breakfast Bar complete w/ a 2nd Sink, Tons of Counter & Storage Space, Granite Countertops, Upgraded 42" Cabinets w/ Tiled Backsplash flowing to the ceiling, Stainless Appliances, built in MASSIVE REFRIGERATOR AND FREEZER, COMMERCIAL Gas 6 BURNER COOKTOP & DOUBLE CONVECTION OVEN. Dinette area, Kitchen & Family Room have Impressive Rear Views through the windows & 4 Panel French Doors leading to the ~65x10 Covered Rear Porch. Featuring One More Place to Entertain & Relax. Downstairs: Huge Master Bedroom offers Corner Fireplace, Impressive walk-in closet w/ Built In Storage, Bath w/ Dual Sinks, Corner OVERSIZED JETTED JACUZZI, ~ 4x6 Large Tiled WALK IN SHOWER w/ 4 SHOWER HEADS. 2nd Bedroom Downstairs has a barn door w/ full bath. 3rd Bedroom/office w/ wood floors & an access door that leads to the outside (potential Mother in Law suite). Impressive Laundry Room w/ lockers & plenty of storage. Walk-in Pantry has Wood Shelves w/ Built in Storage, it can remain, or sellers will return it to a bedroom closet for the 3rd Downstairs Bedroom, buyers' choice & denote in offer. Upstairs: Wrought Iron Stair Spindles w/ Wood Handrail & Hardwood Stairs lead you up to the Loft/ Reading Nook that has been professionally painted to reflect the forest, just imagine the Places you can go in this Reading Loft. Additional 2 Bedrooms Feature Large Walk-In Closets & the 3rd Full Bath. Crown molding, Oversized Baseboards throughout. HUGE LAUNDRY ROOM plumbed for electric & gas dryer. Rear 65x10 Porch is connected to gas for outdoor grill. Buried Oversized Gas tank, leased so that if there is an issue the gas company will repair. ENJOY the VIEWS, Impressive 2 STORY TREE HOUSE, outdoor swing set w/ ring rows for exercise, overlooking the chicken coop. Home is built w/ an engineered wooden beam for support & I Beams, similar to Commercial Construction, Insulated well, Windows are Double Paned. Seller has the floor plans. This home is a WELL BUILT CUSTOM HOME w/ ENERGY EFFICIENCY in mind, a True Must See. The neighbors are at least 20 acres away but they are the kind that you can borrow eggs or milk from, they are good neighbors. Newer Metal Roof, Sealed & Re-screwed in 2025 & Home Warranty Included. OWNER MOTIVATED, MUST SEE.
Source: STELLAR #G5092763
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #G5092763
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.