2716 Fieldbrooke Way, Edgewater, FL 32141
3 beds · 2 baths · 1,719 sqft
This inviting 3-bedroom, 2-bath sanctuary is designed for modern comfort and effortless living. Nestled in a newer community, Glenbrooke of Edgewater, the traditional split-plan layout offers both privacy and warmth, making it the perfect retreat for families and entertainers alike. The kitchen features beautiful ceramic tile, beautiful granite countertops, and modern stainless-steel appliances, making it a delightful space for cooking and gatherings. This beautifully designed living room showcases wood tile flooring and an abundance of sunlit areas, complemented by sliding glass doors that seamlessly connect the indoors with your own private outdoor retreat. The primary bedroom is complete with an ensuite master bath, ensuring a private oasis just for you. The walk-in closet provides ample storage and organization space. Additionally, two generously sized guest bedrooms offer versatile options, whether you’re accommodating family and friends or creating the perfect home office. The fully fenced backyard combines security and serenity, creating a safe haven for children and pets to play freely, while offering ample space for gardening or outdoor activities—all within the privacy of your own sanctuary. In addition, the home has generous 2-car garage offers plenty of space for your vehicles, energy-efficient double-paned Low-E windows, hurricane shutters and a new home security system. You can have peace of mind knowing that the property has been inspected for termites, complete with a current bond, and benefits from regular maintenance for both air conditioning and pest control. The community offers sidewalks for evening strolls, lighting throughout the community, and a community pool for your enjoyment. This must-see home has quick access to I-95, making it easy to explore nearby dining and shopping options. Plus, with the beautiful New Smyrna Beach just a short drive away, you’ll never be far from the sun, sand, and surf.
Source: STELLAR #o6238721
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6238721
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: #o6238721
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.