15409 NW 121ST PL, Alachua, FL 32615
Beautiful 2022-built home with almost 3300 sq ft of heated and cooled space, sitting on a half acre and offering 5 bedrooms, a large media/flex room, 3 full baths, oversized kitchen and main areas, 3-car garage! The entryway is inviting and leads you to guest rooms on either side with a shared bath, the media/flex room on the right and it opens up to breathtaking kitchen, living and dining areas. Open concept plan with a neutral color palette of whites, grays and earth tones and complemented by wood accents! The large and striking modern fireplace serves as a focal point, with built-in shelves for your favorite books! The oversized kitchen is a dream with its clean lines and high gloss finishes, quartz counters, stainless steel appliances, backsplash and massive island as hub for your gatherings. Upgraded light fixtures pull together the modern lines and warmth. Triple split with 2 more guest bedrooms, a shared bath and study nook on SW wing. Find the luxurious primary bedroom on the SE wing with tray ceilings, sitting area (can easily be an office/gym), en suite bath of envy with dual vanities, linen tower, large walk-in shower and His & Hers closets. Each bedroom is a sanctuary of comfort and style. The utility room offers laundry area, cabinetry, counters, laundry tub. Enjoy the nice backyard from the relaxing screened-in porch. Surround sound speakers, blinds, premium cabinetry pulls and fixtures are other upgrades. All the room your family would need! Luxury vinyl planks throughout main areas and wet areas. Meticulously-kept home awaiting its next family. This gorgeous home in quaint Tara Village awaits you! Call now for your private tour!
You may be able to put down less than the total down payment amount of $247,286 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #gc523462