2026 SW 77th Ter, Gainesville, FL 32607
5 beds · 3 baths · 2,340 sqft sqft
This beautifully maintained home, nestled on a tranquil cul-de-sac, is ready for you to move in! Featuring 5 spacious bedrooms, 2 full bathrooms, and a half bathroom, this residence offers plenty of room for family and guests. The primary suite, conveniently located on the first floor, includes a luxurious Jacuzzi tub for your relaxation. The family room boasts soaring ceilings that fill the space with natural light, and is complemented by elegant wood floors and a cozy fireplace. French doors lead from the family room to a generously sized screened back patio, perfect for enjoying the outdoors all year round. The fenced backyard, adorned with mature landscaping, provides a private oasis for relaxation and play. And the large area of brick pavers alllows for additional, low maintenance outdoor living space- perfect for gathering friends. The spacious kitchen has plentiful counter space and cabinetry and flows seamlessly into the breakfast nook, while a formal dining room adds an extra touch of elegance for special occasions. Parking is a breeze with a side-entry garage and ample driveway space, ensuring plenty of room to play. Located in the highly sought-after school zones of Chiles, Kanapaha, and Buchholz, this home is perfect for families looking for a welcoming and convenient community. This neighborhood is walkable to the library, Tipples, CVS/Walgreens, and a medical emergency facility and less than 2 miles from Publix and restaurants. Don’t miss the opportunity to make this charming house your new home!
Source: STELLAR #gc525330
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc525330
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #gc525330