17536 SE 119th Cir, Summerfield, FL 34491
2 beds · 2 baths · 1,649 sqft
Located in the Exclusive 55+ Gated Golf Community of STONECREST, adjacent to THE VILLAGES, Florida, this meticulously maintained home offers the perfect blend of comfort, style, and convenience! The popular Kingsley floor plan Features 2 bedrooms, 2 bathrooms, and a versatile DEN/FLEX room, all within 1,649 square feet of living space. Built with CONCRETE/BLOCK/STUCCO construction, the home showcases ENGINEERED HARDWOOD Floors throughout the main living areas and new plush carpet in the bedrooms. The Kitchen is equipped with STAINLESS STEEL WHIRLPOOL appliances, 42" Cabinets with custom built-ins, and TILED Flooring that extends into the Florida room. The Birdcage (screen enclosure) includes a retractable awning for year-round enjoyment. Additional features include a Screened Front Entry, updated light fixtures and ceiling fans throughout, and 3 SOLAR TUBES that fill the living spaces with natural light. The 10-FOOT CEILINGS with CROWN MOLDING add a touch of elegance throughout the home. The spacious Primary suite offers an oversized walk-in closet, dual vanities, a separate shower, and a relaxing soaking tub. Major updates include *** NEW ROOF 2020, HVAC SYSTEM 2018, WHOLE-HOUSE WATER FILTRATION SYSTEM 2022, and NEW WATER HEATER 2018*** For added convenience, the home includes a two-car garage plus a separate GOLF CART GARAGE, and a Decorative painted driveway that enhances the home's curb appeal. As part of the HOA, LAWN MAINTENANCE, SPRINKLER SYSTEM UPKEEP, TRIMMING, AND FERTILIZATION ARE ALL INCLUDED, freeing you to enjoy retirement without the hassle of yard work! A furniture package is negotiable, and for eligible veterans, a VA assumable interest rate of 2.8% is available. This is truly a must-see home in a vibrant and amenity-rich community.
Source: STELLAR #OM699239
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
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 #OM699239
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.