24326 NW 8th Pl, Newberry, FL 32669
5 beds · 3 baths · 2,556 sqft sqft
Welcome to this beautifully designed 5-bedroom, 3-bathroom home in the desirable Oak Park community of Newberry, FL. Built in 2021, this two-story gem offers 2,556 square feet of thoughtfully designed living space, blending open-concept areas with distinct living spaces for ultimate functionality and comfort. As you enter, you're greeted by a versatile room on the left that can be tailored to your lifestyle—use it as a formal dining room, playroom, office, craft room, or anything your heart desires. Continue into the home to discover a spacious great room that brings together the kitchen, a casual dining area, and the living room in a seamless, open layout that’s perfect for gathering and entertaining. The first floor also features a bedroom with access to a shared bathroom, ideal for guests or multi-generational living. Head upstairs to find the spacious owner's suite complete with two walk-in closets, double vanities, and a spacious shower—an ideal retreat for relaxation. The upper level also includes three additional bedrooms that share a full bathroom, and a loft area that can serve as a cozy lounge, homework space, or additional entertainment area. Outside, this home offers a small patio in the backyard, perfect for enjoying Florida’s beautiful weather, as well as a two-car garage that provides ample storage and parking. The home sits on a manageable 0.13-acre lot, offering just enough outdoor space for play and entertaining without the burden of excessive maintenance. The low HOA covers common area maintenance, ensuring a beautifully kept community. Perfect for large families, multigenerational households, or anyone needing extra space for hobbies and interests, this home is an ideal mix of comfort, flexibility, and modern style. Don’t miss your chance to make it your own—schedule a showing today!
Source: STELLAR #gc526345
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc526345
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: #gc526345
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.