1617 Hilton Head Blvd, Lady Lake, FL 32159
2 beds · 2 baths · 1,144 sqft
This charming Palm Beach model manufactured home in The Village of Orange Blossom Gardens has it all. Located near the Orange Blossom Hills Golf and Country Club, it features: 2 Bedrooms, 2 Bathrooms: A spacious layout with laminate flooring throughout for easy maintenance. Living Room: Expansive 19x14 ft living room with vaulted ceilings and a sliding door to the lanai, filling the space with light. Open Floor Plan & Vaulted Ceilings: Great flow and an airy feel, ideal for both relaxation and entertaining. Kitchen Upgrades: New sink, faucet, and garbage disposal, with a whole-house stereo system. Lanai: Enclosed with new vinyl windows—perfect for all seasons. Carport: A generous 26x12 ft carport plus a dedicated golf cart garage (12x9 ft) and utility room (12x7 ft). HVAC: A newer (2018) 3-ton 14.5 SEER heat pump, regularly serviced, ensures energy-efficient climate control. Exterior & Maintenance: New roof installed in 2020. Tilt-out windows and plantation shutters throughout for style and easy cleaning. Well-maintained lawn with irrigation, landscaped flower beds, and a convenient walkway to the golf cart garage. Updated tie-downs up to code for added security. No Bond!: A significant advantage, saving you on additional community fees. This home has all the essentials and upgrades for comfortable Florida living, especially if you love golf and a relaxed, well-connected lifestyle.
Source: STELLAR #g5089081
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5089081
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: #g5089081
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.