17250 Walnut Run Dr, Alva, FL 33920
3 beds · 3 baths · 2,434 sqft
3.99% ASSUMABLE FHA LOAN! Seller relocated, all reasonable offers will be considered! LIVE THE VACATION LIFESTYLE AT THE COUNTRY CLUB AT RIVER HALL! Nearly 2,500 square feet of living space with 3 beds + den/flex space and 3 FULL baths!! Built in 2022 and featuring the popular Summerville floor plan, this newer home exudes pride of ownership. Situated on a lush CORNER lot with a paver driveway, 3-car garage and grand French door entry, find beautiful tile flooring and tray ceilings throughout. The kitchen features a large center island, granite countertops, all stainless steel LG appliances only 3 months new, walk-in pantry and an abundance of white shaker cabinetry. The owner's suite has its own set of sliders leading to the screened lanai and an expansive en-suite bath with dual vanities and an impressive walk-in shower. Additional upgrades include a freshly painted interior, voice-activated electric curtains, ring doorbell and generator hookup. This home hasn’t experienced any damages from the recent storms and is built at a higher elevation for added peace of mind. SOUTHERN rear exposure and plenty of room for your custom pool! BUNDLED GOLF and located in a vibrant country club community with extra wide sidewalks, a pristine clubhouse, resort-style pool, Tiki bar, pickleball, walking paths, fitness center, and tennis courts. Scheduled weekly lawn maintenance, cable, irrigation and internet are included offering extra value and providing a low-maintenance lifestyle.
Source: NABOR #224079613
Interest rate and monthly payment estimated based on public records.
Source: NABOR #224079613
Source: Public records
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%. 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.
Other resourcesWhat 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.
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