37039 Scenic Bluff Dr, Grand Island, FL 32735
4 beds · 4 baths · 3,090 sqft sqft
BEAUTIFUL HOME IN DESIRABLE WINDY RIDGE HAS EVERYTHING YOU WANT AND MORE. MASTER BR AND BATH DOWNSTAIRS AND THREE BR AND TWO BATHS AND LAUNDRY ROOM UPSTAIRS. BOTH FLOORS EACH HAVE FLEX ROOMS THAT CAN BE AN OFFICE, DEN, ETC. JACK AND JILL BATHROOM UPSTAIRS. FULLY EQUIPPED KITCHEN HAS BEAUTIFUL CABINETRY AND GRANITE COUNTERS ALONG WITH AN OVER-SIZED GRANITE ISLAND. ALL STAINLESS STEEL APPLIANCES INCLUDING A DOUBLE WALL OVEN. EXTRA SERVICE AREA OFF THE KITCHEN. WALK IN PANTRY. FORMAL DINING AREA AND EAT-IN KITCHEN. LARGE LIVING ROOM WITH CUSTOM CEILING AND FAUX FIREPLACE. KNOCKDOWN CEILINGS. LARGE LAUNDRY ROOM UPSTAIRS FOR CONVENIENCE WITH UTILITY SINK. TWO ZONE AIR HANDLERS FOR ECONOMY. LARGE DRIVEWAY EXTENDS INTO THE BACK YARD AND THE GARAGE HAS AN EXTRA AREA FOR MORE STORAGE. TWO LARGE STORAGE SHEDS IN THE YARD DO NOT CONVEY WITH THE HOUSE. TWO ACCESS PANELS INTO THE ATTIC. HUGE SCREENED POOL AREA FOR THE BIGGEST FAMILY TO ENJOY. ONE OF THE LARGEST LOTS IN THE NEIGHBORHOOD. LARGE ENTRY PATIO IS SURROUNDED BY STONE ACCENT PILLARS. THIS PROPERTY HAS TO BE SEEN TO APPRECIATE AND TO MAKE IT A HOME FOR YOUR BUYER.
Source: STELLAR #g5088323
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5088323
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.
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: #g5088323