2687 N Annapolis Ave, Hernando, FL 34442
3 beds · 2 baths · 2,056 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Welcome to your dream home in the serene Citrus Hills Community. This stunning 3-bedroom, 2-bathroom block home is perfectly situated on a full acre of land, offering a peaceful retreat with modern features throughout. Built in 2020, it showcases impeccable craftsmanship and thoughtful design, including 10-foot ceilings with crown molding and an open-concept floor plan that seamlessly connects the living room, dining area, and kitchen. The gourmet kitchen features granite countertops, a large center island, and newer stainless steel appliances, providing both functionality and style. Sliding glass doors allow natural light to flood the space and lead to a covered back porch—ideal for outdoor dining, morning coffee, or simply enjoying the natural surroundings. The master suite offers a spacious layout with a luxurious en-suite bathroom that includes double vanities, a walk-in shower, a separate soaking tub, and a large walk-in closet. Two additional bedrooms provide comfortable accommodations for family or guests, with cozy carpet and ample closet space. Throughout the rest of the home, premium vinyl plank flooring adds durability and elegance. Additional features include an indoor laundry room with washer and dryer, a welcoming covered front porch, and low HOA fees. This home combines modern convenience with natural charm in one of Citrus County's most desirable communities. Schedule your private showing today and discover everything this exceptional home has to offer.
Source: STELLAR #TB8371551
Source: STELLAR #TB8371551
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 and Equal Opportunity Act.