3006 Oakhill Dr, Avon Park, FL 33825
2 beds · 2 baths · 2,192 sqft
WOW! Custom-Built Home in Desirable Highlands Ridge This home was made for entertaining! From its oversized living and dining areas to its stunning kitchen featuring solid wood cabinetry, durable countertops, and a gas stove perfect for the chef in the family, every detail invites you in. Enjoy your morning coffee in the breakfast nook with serene landscape views. The original lanai has been transformed into a spacious under-air sunroom (17x19), complemented by an adjacent enclosed screened-in porch, creating seamless indoor-outdoor living. The large bedrooms are comfortable, with an oversized master suite boasting a walk-in closet and en-suite bath. A third flex room serves as a perfect office, den, or guest space. Neutral tones throughout the home make it move-in ready. The oversized two-car garage includes ample storage and a dedicated golf cart garage. Set on a beautifully landscaped cul-de-sac lot, this home combines elegance and practicality, whether you’re looking for a winter retreat or a year-round residence. Tons of Upgrades and Update in this home include: New Roof (2022): Includes two solar attic fans. New A/C (2023), Leaf Filters on Gutters, Central Vacuum System, Wired for Surround Sound and Cable/Satellite TV, New Paint (2023), New Motor on Garage Door Screen (2023), Full Attic for Storage and Whole Home Generator. Don’t miss out on this Highlands Ridge gem!
Source: STELLAR #P4933010
Source: STELLAR #P4933010
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.