27151 Hiawatha Blvd, Brooksville, FL 34601
3 beds · 2 baths · 1,634 sqft sqft
In a quiet corner of Brooksville, nestled on 5 sprawling acres fenced with watering stations throughout, stands this cozy two story 1600 square foot remodeled home. Engineered hard wood floors and crown molding throughout the first floor giving the home that elegant homey feel. A kitchen that looks over the dining room that has granite countertops, beautiful wood cabinets, and stainless steel appliances. The spacious master located on the main floor has a walk-in closet with custom shelving and a beautiful barn door along with a tastefully decorated private bath with a tiled walk-in shower with glass door off the hallway with a laundry room. Upstairs two extra large bedrooms with extra large closets, one a walk in. Sit out on the front porch and enjoy your morning coffee where deer can be seen eating the dew kissed grass and then come back in the evening for your night cap. Along with this you can enjoy the sparkling pool which invites you to take a dip on those hot Florida days with a covered rest area to grab some shade as you relax. Towards the back of the property is the barn with a studio apartment attached for guests or to rent out as an Airbnb as the current owners do. The heartbeat of the home is the clucking chickens as they go roaming around the property and return back to the coop in the evening (chickens can stay). Two good size sheds sit on the property to store all your tools and equipment. New septic and drainfield, new pool liner, new pool pump and filter, new well pump, new paint and a newly resealed driveway are just some of the resent improvements. 2016 Roof and 2020 HVAC. There is a garage under the home but if your truck is too big for it, it is a great place for added storage along with the attic. Access made easy from either Lake Lindsey or Highway 41. Come check out this home you have always dreamed of but did not think possible, now it is possible.
Source: STELLAR #w7868065
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7868065
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 30-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: #w7868065
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.