27127 Stoney Brook Dr, Leesburg, FL 34748
3 beds · 2 baths · 2,245 sqft sqft
AS YOU ENTER YOUR HOME, STUNNING VIEWS FROM YOUR LIVING ROOM OF YOUR SOLAR HEATED SALT WATER POOL AND CONSERVATION AREA, WHAT YOU'VE WORKED YOUR WHOLE LIFE FOR IS WAITING FOR YOU IN SUNNY FLORIDA SURROUNDED BY OVER 75,000 ACRES OF CHAIN OF LAKES IN LAKE COUNTY. THIS IS THE LARGE BEAUTIFUL DREAM HOME SHOWCASED ON A PREMIUM LOT YOU HAVE BEEN WAITING FOR AND WHERE YOU WILL SPEND ALL YOUR FREE TIME!!! ENJOY EVENING SUNSETS RELAXING WITH YOUR FAVORITE BEVERAGE! YOU WILL LOVE THIS GORGEOUS SPLIT FLOOR PLAN 3-BEDROOM, 2-BATH HOME WITH WITH HIGH CEILINGS, PLANTATION SHUTTERS, WATER SOFTENER AND TANKLESS WATER HEATER. LARGE LIVING AREAS IDEAL FOR ENTERTAINING, A BEAUTIFUL KITCHEN WITH GRANITE COUNTERTOPS, ISLAND BAR AND WOOD CABINETS. SUPERIOR PRIVACY VIA YOUR FULLY SCREENED EXTENDED PATIO AND LANAI OVERLOOKING A BIRD SANCTUARY CONSERVATION AREA AND WALKING TRAIL. THIS IS THE "NATURE COMMUNITY" A GOLF CART PRISTINE COMMUNITY WITH OVER 4 MILES OF TRAILS. ENJOY TOURING THE GREENSPACE OF LEGACY WITH PLENTY OF OUTSIDE ACTIVITIES SUCH AS PICKLEBALL, SOFTBALL, SHUFFLEBOARD, TENNIS, BOCCE AND WATER AEROBICS; WATER LIVING HERE IS WONDERFUL! INSIDE ACTIVITIES INCLUDE DANCE CLASSES, ZUMBA, LEGACY CHORALE, BOGGY BEARS, THEATER AND CHORUS, BILLIARDS, CARD CLUBS AND A LARGE EXERCISE ROOM. GATED BOAT AND RV STORAGE. THIS ENCLOSED PRIVATE SOLAR HEATED POOL REPLACEMENT COST WILL TOP 150k AND WAITING PERIOD OF UP TO 2 YEARS+ HOA FEE INCLUDES GRASS CUTTING, HIGH SPEED INTERNET AND CABLE!
Source: STELLAR #o6234881
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6234881
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: #o6234881
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.