3330 OAKDALE PL, The Villages, FL 32162
NEW REDUCED PRICE! RARE opportunity to purchase a home at a 3.625 fixed rate! Buy with Roam and save thousands annually. Completely remodeled!...New paint, New luxury vinyl flooring with no transitions, Popcorn ceiling removed, new lighting fixtures, new ceiling fans, new blinds, new sinks in kitchen and baths, new faucets, new hardware and best of all new granite countertops throughout! This Corpus Christi model of 3 bedrooms and 2 baths, is located in the Village of Summerhill! Just north of 466, close to Restaurants, medical offices, pharmacy, gas station and more! 2022 Roof, 2024 Water Heater & 2016 AC. Water Softener system. Split floor plan with semi-private outdoor screen enclosed lanai (the screen in lanai has very low visibility in, so its almost a private screened lanai. Home is clean and immaculate. 3rd bedroom doesn't have a closet. Both baths have solar tubes for natural lighting. Although home is being offered unfurnished, sellers are gifting new buyer with new sets of pots and pans, glass set, utensils and plates. VA Assumable loan! Don't need to be a VA to assume it! The real charm lies in the community activities from golf and shopping to swimming, bocce, shuffleboard, tennis, pickleball, and horseshoes, there's something for everyone. Don't let this opportunity slip away to own this dream home and experience the best of Florida living! Home has staging items that do not convey with sale.
You may be able to put down less than the total down payment amount of $163,858 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #g5084845