1401 Hollow Creek Ln, Kindred, FL 34744
3 beds · 3 baths · 1,870 sqft
This cozy home is well located in the gorgeous community of Kindred, near the main entrance of the community and a short distance to the new state-of-the-art elementary and middle school! This model offers 3 bedrooms and 2.5 bathrooms, blending modern comfort with convenient amenities. The home will feature a brand-new roof and has been upgraded with stainless steel appliances, an upgraded washer and dryer, laminate flooring throughout the main floor, and quartz countertops in the kitchen and bathrooms. A screened and covered lanai adds extra space to enjoy Florida living. Entering the home you'll find a half bath before the spacious kitchen with bar seating, dining area, and a living room overlooking the lanai. Upstairs, a loft area leads to the master suite with a walk-in closet and ensuite bathroom with double vanity. The second floor also includes two guest bedrooms, an additional bathroom, and a laundry room. Enjoy smart home technology that allows you to control your home with your device, whether you're near or away. Kindred offers a Club House, Fitness Center, Parks, 2 Resort Style Pools, Tennis courts, Walking Trails, Playgrounds, Picnic Areas, a Dog Park, Soccer Field, and Beach Volleyball Court. Don’t miss the chance to own this beautiful upgraded home in such a strategically located and amenity-filled community!
Source: STELLAR #s5107224
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5107224
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: #s5107224
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