1761 Holly Ln, Bunnell, FL 32110
4 beds · 2 baths · 1,756 sqft
Have you been searching for your own piece of countryside paradise to start your own family Homestead? This home is nestled on over an acre of picturesque countryside. This charming 4-bedroom, 2-bath manufactured home offers the perfect blend of comfort, space, and tranquility. Enjoy your 1,756 sq ft of generous living space with an open-concept living area with ample natural light, perfect for family gatherings and entertaining. The spacious kitchen offers plenty of cabinetry, counterspace and a cozy dining area all while overlooking your beautiful backyard. Four Comfortable Bedrooms: Each bedroom offers plenty of space, with the master suite featuring an en-suite bathroom for added privacy. Enjoy your backyard sanctuary from your oversized deck overlooking your beautiful acre of secluded property. Your sparkling above ground pool awaits you, located right off the back of your deck. This 2-year old pool is approximately 24'x52" which was professionally installed with an extra cushion pad on the floor ensuring ultimate comfort for years to come. For added security there is a removable wooden child safety gate between the pool and deck. This home comes with a whole house Pelican water softener system. The carpets in the bedrooms are all less than a year old. (Flooring in the laundry room and master bathroom will be replaced with vinyl plank flooring and new baseboards are being installed this week in the main areas of the house.) Roof is 5 years old, AC is 6 years old. The AC was serviced this week, a new compressor will be installed also. All appliances stay including the washer and dryer. Boat and Tractor do not convey.
Source: STELLAR #fc304839
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc304839
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: #fc304839
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.