16126 NW 204th St, High Springs, FL 32643
4 beds · 3 baths · 2,060 sqft
This stunning 2021 home is an absolute must see! When you arrive you'll appreciate the family friendly neighborhood with well maintained homes just a short drive to downtown High Springs, City of Alachua, and Gainesville. The beautiful exterior with a quaint and inviting front patio are a perfect first impression. Step inside to soaring 10' ceilings, luxury vinyl plank floors, and abundance of natural light streaming through a multitude of windows in the open concept living area. A spacious foyer opens to a large living room with tray ceiling detail and recessed lighting. The gorgeous kitchen boasts an 8' island with counter height seating, a stainless steel farmhouse sink with view of the living room, stainless steel appliances, quartz countertops, and ample storage space. A light and bright dining area completes the heart of the home and the entire living area has a panoramic view of the massive backyard. The split floor plan offers privacy for the entire family. Immediately off the foyer is one of the guest bedrooms and a full guest bathroom. To the left of the living room is a spacious and cozy primary suite featuring a beautiful primary bathroom with a massive free standing shower and oversized vanity. The primary bedroom has a tray ceiling detail, double walk-in closets, and a direct access to the back patio as well. On the opposite side of the home are two well appointed guest bedrooms, a full second guest bathroom, and a laundry with a drop zone as you step inside from the garage. This home is situated on almost a half acre lot with plenty of space for a future pool, a garden, or whatever your heart desires. Call today to schedule your showing! *Buyer to verify all property details.*
Source: STELLAR #gc522539
Source: STELLAR #gc522539
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 30-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: #gc522539
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.