21389 SW 102nd Street Rd, Dunnellon, FL 34431
3 beds · 3 baths · 2,349 sqft
One or more photo(s) has been virtually staged. **Discover Your Newly Remodeled Dream Home in Woodlands Neighborhood!** Bright and Airy remodeled single-family residence, nestled on a serene 1-acre lot, is ready for you to move in and enjoy. Featuring 3 spacious bedrooms and 3 bathrooms plus bonus room that can be easily utilized as den, home office, exercise room, play room, etc. the home boasts a fresh, modern aesthetic with a newly painted interior and brand-new luxury vinyl flooring throughout. The highlight of the interior is the stunningly remodeled kitchen, complete with brand new kitchen appliances, granite counter top, kitchen cabinetry with a stylish finishes that make cooking a pleasure. The expansive, weather-tight screened porch is perfect for both relaxation and entertainment, offering a seamless indoor-outdoor living experience. The property has two garages a 2 car garage attached to the house and a separate 3-bay detached garage with a workshop, and a separate craft studio—ideal for all your storage and hobby needs. Outside, you’ll find a meticulously manicured lawn and mature landscaping that ensure privacy and enhance the beauty of the home. Enjoy exclusive access to the Rainbow Springs Country Club’s amenities, including a community pool, clubhouse with various function rooms, a pool table, a gym, and delightful restaurant. Plus, you’ll have access to the private 3-acre river park right on Rainbow River. Experience the best of both comfort and luxury in this newly remodeled gem. Schedule your tour today!
Source: STELLAR #om685557
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om685557
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: #om685557
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.