1519 S Pointe Dr, Leesburg, FL 34748
3 beds · 2 baths · 1,614 sqft sqft
Step into your new home, a captivating 3-bedroom, 2-bathroom retreat nestled in the burgeoning city of Leesburg, Florida. This charming oasis boasts a SOLAR-HEATED, SALT WATER POOL that was resurfaced in October of 2023, complemented by a new pool pump and filter installed in 2021 and the pool decking was redone only a few years ago. Adding to the appeal of this home, is the IN-GROUND SPA, perfect for relaxing after a long day. Surrounded by VINYL FENCING and adorned with a lemon tree and exquisite, mature LANDSCAPING, this property exudes TRANQUILITY. Inside, enjoy modern comforts such as a 2015-installed air conditioning unit, a recapped chimney with a wood-burning fireplace, and stainless steel appliances. The home features brand new luxury vinyl planking throughout, except for the hickory hardwood floors in the great room. Two gorgeous skylights can be found in the home providing an abundance of refreshing natural light. The kitchen cabinets have been tastefully refaced and adorned with beautiful new hardware, countertops have been updated, and plantation shutters can be found throughout the home. Generously sized rooms include an expansive primary suite with sliding doors that frame picturesque views of the beautiful backyard and saltwater pool. Step through the newly installed barn door to discover the elegantly remodeled primary bathroom, complete with an amazing custom-built closet. This delightful home is ideally located with its close proximity to hospitals, schools, restaurants, library, colleges, and grocery stores. Situated only 20 minutes from The Villages community and 35 minutes to Mt. Dora, this property boasts an excellent location. Schedule your own private showing today and check out this gem!
Source: STELLAR #g5083362
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5083362
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #g5083362