3920 Saltmarsh Loop, Sanford, FL 32773
4 beds · 3 baths · 2,069 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home at 3920 Saltmarsh Loop, Sanford, FL 32773! Seller will contribute $10,000 towards buyer's closing cost and prepaids. Nestled in a serene and picturesque neighborhood, this stunning property offers the perfect blend of modern amenities and natural beauty. Boasting a spacious and open floor plan, this home features 4 bedrooms and 3 bathrooms, providing ample space for your family to grow and thrive. As you step inside, you’ll be greeted by a bright and airy living area, perfect for entertaining guests or enjoying a quiet evening with loved ones. The gourmet kitchen is a chef’s delight, complete with stainless steel appliances, granite countertops, and a large island for meal preparation and casual dining. The master suite is a true retreat, featuring a walk-in closet and a luxurious ensuite bathroom with dual vanities, a soaking tub, and a separate shower. Additional bedrooms are generously sized and plenty of natural light. Outside, the beautifully landscaped yard provides a tranquil setting for outdoor activities and relaxation. The covered patio is ideal for al fresco dining and enjoying Florida’s sunny weather. Located in a highly desirable community, this home is just minutes away from top-rated schools, shopping, dining, and entertainment options. With easy access to major highways, commuting to Orlando and surrounding areas is a breeze. Don’t miss the opportunity to make this exquisite property your own. Schedule a showing today and experience the lifestyle you’ve always dreamed of at 3920 Saltmarsh Loop!
Source: STELLAR #S5108362
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5108362
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.