19270 SW 90th Lane Rd, Dunnellon, FL 34432
3 beds · 2 baths · 1,737 sqft sqft
One or more photo(s) has been virtually staged. Don't miss the opportunity to own this beautiful home in the desired Rainbow Springs Country Estates! This charming 3-bedroom, 2-bathroom pool home offers a blend of comfort and luxury. Situated less than five minutes from town, you'll also have easy access to fantastic shopping, medical facilities, the World Equestrian Center and more just a 20-minute drive away in Ocala. Inside, you'll find a thoughtfully designed split floorplan. The large primary bedroom boasts an en-suite bathroom, creating a private retreat. The well-appointed kitchen features granite countertops and an island, perfect for preparing meals and entertaining. Enjoy casual dining in the breakfast nook or host gatherings in the separate dining room, which can also serve as a bonus room to suit your needs. Sliding doors from the living room (or primary bedroom) lead to the enclosed Florida Room and out to the pool. The extra-large deck area provides plenty of room for entertaining and enjoying gatherings. The separate door to the guest bathroom from the pool area keeps your home clean and dry from water activities. You also will love sitting on the front porch with a view of the tasteful landscaping and it won't be unusual to see deer and occasional other wildlife while enjoying the beautiful tropical sunsets. Outdoor enthusiasts will love the private access to the pristine Rainbow River for swimming, tubing, and kayaking. The community amenities are top-notch, featuring private river and park access, a fitness center, pickleball, tennis, shuffleboard, and the delightful Cheers Restaurant and more, all housed in the community center. This home truly has it all, offering a blend of relaxation, recreation, and convenience. Now is the time to make this stunning property yours!
Source: STELLAR #gc523411
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc523411
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: #gc523411
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.