3509 N Honeylocust Dr, Beverly Hills, FL 34465
3 beds · 2 baths · 1,545 sqft sqft
MOTIVATED SELLER!!! Seller is offering $7,000 toward closing costs with a full-price offer! This charming 3-bedroom, 1.5-bath home offers the perfect blend of comfort, convenience, and peace of mind, with several recent updates that make it move-in ready. Notable improvements include a brand new glass solar tube in the kitchen & bathroom, a new roof (2022) with a 20-year warranty and a new HVAC system (2023), which comes with a 1-year labor warranty and a 10-year parts warranty, plus it’s on a yearly maintenance check schedule to keep everything running smoothly. The spacious kitchen is a true highlight, providing an abundance of cabinet space and an efficient layout that’s perfect for cooking and organizing your essentials. You’ll love the generously sized bedrooms, with the master bedroom providing ample room to set up a cozy office nook. Step outside from the master to your own private deck—perfect for enjoying your morning coffee in peace. The screened-in patio offers the ideal space for entertaining, dining, or simply relaxing, all while taking in the beauty of the well-maintained landscaping. Surrounded by a green fence, the backyard creates a serene, private retreat. Whether you're hosting BBQs or just unwinding after a long day, this outdoor space is a perfect setting for both. Don't miss out—schedule a tour today and take advantage of the seller’s closing cost assistance!
Source: STELLAR #tb8317635
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8317635
Source: Public records
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: #tb8317635
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.