157 Park Place Cir, Palm Coast, FL 32164
3 beds · 2 baths · 2,092 sqft sqft
Don't miss this 2092 Sq. foot beauty built in 2018 with enclosed Florida room.(155') Triple stacking sliders. When open A/C/Heated. Engineered tested. Plantation shutters, tile floors, Low-E glass windows with transom windows above. Prepare meals in your spacious kitchen with granite thru-out, farmers sink, breakfast bar, pantry, and room for a cozy table and chairs. Separate extra long dining room for entertaining family, friends and grandchildren. Three bedrooms, separate den with glass French doors. Large master suite, trey ceiling, walk in custom closet for all your essentials, attached master bath, His and Her separate sinks, walk in shower, private commode. All baths with adult height commodes, special commode in guest bath along with large linen closet. Adult height vanities, all with undermount sinks, tile shower, and guest bath surround. Enjoy evenings in your Spacious great room, and or attached Florida room. Ceiling fans in all rooms with remotes. Whole house water filtration, reverse osmosis, and separate water system under kitchen sink. Tile thru-out, carpet in bedrooms. Like to tinker ? Plenty of room in your 3' extended garage with epoxy floor. Step outside to freshly mulched garden beds, conservation land behind, ring doorbell/audio, gutters, paver drive and walkway, architectural shingle roof, garage keypad entry, motion security light/rear of house. Your low HOA fee of 220.00/mo. includes: lawn/shrub care, Platinum Spectrum package.( TV, Internet, cable) heated pool, shuffle board, pickle ball, horseshoes, cornhole, putting green, covered summer kitchen with grill, and seating area. All this in your 123 home Gated Community, with sidewalks, underground utilities, streetlights, Lighted pool and cabana area. Pristine neighborhood, close to shopping, hospital, golf, beaches, nature trails. All you could want and need. ASSUMABLE MORTGAGE at 2.25 percent.
Source: STELLAR #fc299909
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc299909
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: #fc299909
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.