349 PACOLET TER, The Villages, FL 32162
ASSUMABLE VA LOAN AVAILABLE AT 2.493% NON-VA CAN EVEN ASSUME THIS MORTGAGE! Come see this GORGEOUS Bridgeport Model it's a 3/2.5/2 ***NEW ROOF as of July 2024*** Perfectly Located “Between the 6’s”, literally, Minutes from Lake Sumter Square. This House has Numerous High End Upgrades by Professional Designer in the Last 3 yrs. Making this the Perfect Place to call HOME! Nothing Needs To Be Done. Walk up and you will see the Beautiful Curb Appeal w/All New Landscaping Front/Back, New Screened-In Front Porch & Screen Door at Front Entrance. New Paint Inside/Out, NO CARPET! Beautiful Neutral Porcelain Tile & Complimentary New LPV in Bedrooms/Closets give a Light Airy Feel to this Custom Abode. Step in to Florida Living at its’ Finest. Beautiful Teal Blue Walls & Bright White 7” Custom Crown Molding w/Uplighting in Main Living Area. 5 New Ceiling Fans/New Designer Gold-Toned Chandeliers/15 New Light Fixtures Through-Out. And Then, there’s that Show Stopper- The Enormous, Gorgeous, Gourmet Kitchen, Expanded Center Island for Entertaining, the Tropical Style Soft Teal Cabinets w/Brushed Gold Hardware, USB Port, 3x12 Custom Subway Style Backsplash, SS Appl. w/New Stove & Microwave, Stunning Granite that is also in Both Bathrooms making this an Entertainers Dream Kitchen/Dining Room. The Elegant ½ Bath has New Fixtures/Lighting/Commode/Sink & Elegant Cork & Gold Wallpaper that Gives It Just the Right Touch of Sophistication. Enter Inviting Master Suite thru Double Doors, New Flooring/Hardware/Ceiling Fan, Enjoy the Extra-Large Master Bath & Closet. Both Master & Guest Baths have New Lighting/Toilets/Fixtures/Hardware/Faucets/Exhaust Fans/Shower Heads/Wall Mounted Hair Dryers. Lighted Switches in all Rooms for Easy Night Access. Lanai also Boasts Coordinating LVP. All New Door Locks & Exterior Lighting, All New Smoke Detectors, Inside Laundry Room w/Newer W/D. Ten FT. Ceilings in Garage for Great Storage Options, Electric Screen Garage Door, New Epoxy Floors, Room to stand in the attic! New Hot Water Heater w/Recirculator, New HVAC Thermostat. What more could you ask for??? Don’t Delay, This Home Is Special!
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: #u8247410