29406 Caspian St, Leesburg, FL 34748
3 beds · 2 baths · 1,484 sqft
**Just Listed: Charming 3-Bedroom Home in Leesburg, FL** Welcome to your new home at 29406 Caspian St, a delightful property nestled in the vibrant community of Leesburg, Florida. This freshly listed house, boasting a generous 1,484 square feet of living space, offers a harmonious blend of comfort and convenience. This beautiful home features three spacious bedrooms and two well-appointed bathrooms. The interior design includes high ceilings and an open floor plan that creates a welcoming and airy atmosphere. The main areas are adorned with hard flooring, providing both durability and a modern touch, while the bedrooms offer the warm comfort of carpeting. The kitchen is a cook's dream with its sleek granite countertops and stainless steel appliances, perfect for preparing delicious meals and entertaining guests. The property is surrounded by mature landscaping, adding a touch of nature's serenity to your home. Living here, you'll find yourself conveniently located near a variety of shopping and dining options. Accessibility to major roads makes commuting a breeze, and for those fun weekends, theme parks and more recreational venues are just a short drive away. This house is more than just a place to live—it's a place to thrive, to relax, and to make enduring memories. Don't miss out on the opportunity to make 29406 Caspian St your new address. Explore the comfort, charm, and convenience this home has to offer!
Source: STELLAR #o6247248
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247248
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: #o6247248
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.