262 Midway Park Dr, Saint Augustine, FL 32084
3 beds · 2 baths · 1,535 sqft
Welcome to this stunning, move-in ready home in the highly desirable San Salito community, featuring a beautifully landscaped yard anchored by palm trees for a touch of Florida charm. Constructed in 2017, this home spans 1,535 square feet and includes 3 bedrooms and 2 bathrooms. The kitchen is highlighted by tall wood cabinets with crown molding, sleek granite countertops, stainless steel appliances, a convenient pantry, and counter seating for casual meals. A formal dining room is conveniently positioned just off the kitchen. The open living room seamlessly connects to the kitchen and provides direct access to the covered and screened lanai through sliding doors. The master suite features a tray ceiling, walk-in closet, dual vanities, and a spacious shower with a frameless glass enclosure. The guest rooms are nicely separated from the master, sharing a full bathroom. The expansive backyard is an oasis, featuring a fully fenced space with lush plantings, immaculate grass, and ample room for a pool. San Salito is not just a place to live - it's a lifestyle, situated minutes from historic St. Augustine's fabulous shopping and dining. Enjoy easy access to I-95 and Vilano Beach, all without CDD fees. The community offers a wealth of amenities, including a large pool with a children's splash area, a modern clubhouse, a fitness center, tennis/pickleball courts, and a playground. Welcome home to a blend of luxury and convenience.
Source: REALMLS #2035257
Source: REALMLS #2035257
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: #2035257
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