3349 E Chichester Ct, Hernando, FL 34442
3 beds · 2 baths · 1,493 sqft
ROCK BOTTOM REDUCTION!!!! BEAUTIFUL HOME IN CANTERBURY LAKE ESTATES! LOW HOA! Not very often you find a home available in this charming community. Roof replaced in 2012 (30 year roof), A/C 2016, hot water heater 2021 and newer garage opener 2018. Exterior and interior was painted in 2016. Kitchen has upgraded granite counter tops and backslash. Soft close doors and pull out drawers in lower cabinets. Custom adjustable panty installed by owner tucked away in the laundry room, which has newer cabinets for all your laundry storage. Skylight in the kitchen gives a lot of natural light. All window coverings included, switches have dimmers for lights and fans. Coat closet behind the front door and contoured window in the living room. Carpet installed in 2016 very little traffic. This home is very spacious and high dimensional ceilings throughout. Newer hardware on all home cabinets in kitchen and bathroom. This homesite is large and tastefully landscaped with beautiful trees providing an abundance of shade in the front, back and side of home. You will enjoy a lot of peace and quiet lounging out on the screened lanai, flooring is tiled for easy clean up. The front porch is screened and faces the woods, this home is on a cul de sac for even more privacy, back area has green space viewing in the back, no looking at neighbors back yards. The community provides a swimming pool, tennis, pickleball, basket ball and a wonderful clubhouse for additional activities. Don't miss out of this fantastic home and all the community has to give. Access to the Withlacoochee State Park trails, biking, hiking and great fishing.
Source: STELLAR #om680484
Financials
Source: Public records
Source: STELLAR #om680484
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.