17522 SE 95th Cir, Summerfield, FL 34491
2 beds · 2 baths · 1,884 sqft
***** List Price per SqFt is near lowest in Spruce Creek South.***** Spruce Creek South, 55+ Gated Golf Course Community just 2 miles north of The Villages. This 2/2/2 PALM III is the expanded Palm model with features 1, 878 sf of living space. From the tiled floor front porch, enter the open living, dining area, volume ceilings with knockdown finish, elegant crown molding and chair rail. The kitchen is perfect for those who love to cook and entertain, open countertop to the dining room and just the right amount of counter and cupboard space. At the opposite end of the kitchen is a separate dining area and beyond that space is the laundry room with closet storage and and access to the oversized garage which sports 24' depth for longer vehicles. This split bedroom home offers 2 bedrooms, both with walk in closets. The primary bedroom has an ensuite bath, with walk in shower, toilet and linen closet separate from vanity area and walk in closet. French doors open to the Florida room with flooring from the dining room and overlooks a very private fenced rear yard. There is also a pass through window from the kitchen to the Florida room. Just beyond the Florida room is a screened room with elite roofing. The guest bedroom has easy access to the guest bath and offers privacy. This home was built in 2003, the roof was replaced in 2022.. The driveway sports a designer finish with a matching finish on the paved walk way that goes from the drive way to the rear screened lanai door and is covered by roof overhang. The Community Center, exercise facilities, saunas, dance and exercise classes, social activities, billiards, library are nearby. Access to shopping, physicians, pharmacies, and restaurants! Roof 2022 HVAC 2015. Kitchen Counters: 2024. Hot water tank: 2022. Refrigerator: 2023. Stove: 2024. Inside re-painted in 2023.
Source: STELLAR #W7869161
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
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If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
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We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #W7869161
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.