21389 SW 102nd Street Rd, Dunnellon, FL 34431
3 beds · 3 baths · 2,349 sqft
Get a free consultation call with an expert in the mortgage assumption process.
One or more photo(s) has been virtually staged. **Discover Your Newly Remodeled Dream Home in Woodlands Neighborhood!** 4 Car Garages, plus workshop, plus additional building, with 2,349 sq.ft. New Roof on main is included in the list price, the seller is open to discounting the roof cost off the list price. The current roof installed last (2011). 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. Hvac (2010), water heater (2007). 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
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 #OM685557
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.