34636 Salerno Cir, Sorrento, FL 32776
3 beds · 2 baths · 1,699 sqft
Home Sweet Home at 34636 Salerno Cir! Welcome to your new sanctuary within the 24-hour manned gated community of Sorrento Springs. For a small quarterly fee, you’ll have access to an array of amenities, including a pool, tennis courts, gym, clubhouse, and the renowned Eagle Dunes golf course. This stunning 3-bedroom, 2-bathroom home with optional living room perfectly balances comfort and style with its open-concept layout and split-floor plan, ideal for modern living. Packed with thoughtful upgrades, this Smart home ensures every detail has been designed for your convenience and enjoyment. The gourmet kitchen is a chef’s dream, featuring stainless steel appliances, a double oven, and upgraded cabinetry. The cooktop and dishwasher were newly upgraded in 2022. Whether you’re hosting in the spacious living area or unwinding in your serene outdoor space, this home has it all. With approximately 60 additional feet of wooded property beyond the fenced area, you have the potential to create your dream backyard escape. Imagine a private oasis with a garden, pool, or outdoor entertainment area. Plus, with no rear neighbors, your privacy is guaranteed. This house is priced to sell and won’t last long on the market. Schedule your appointment through ShowTime today, and discover the place you’ll want to call home forever. Please note: Measurements are approximate and were taken at the time of listing. Buyer to verify all measurements. Serious buyers only. Pre-approved preferred.
Source: STELLAR #g5086598
Source: STELLAR #g5086598
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: #g5086598