3942 Ridgewood Dr, Titusville, FL 32796
3 beds · 2 baths · 1,370 sqft sqft
Welcome to your dream home! This beautifully updated 3-bedroom, 2-bath home features an inviting open floor plan that seamlessly connects the living, dining, and kitchen areas, creating the perfect space for entertaining and family gatherings. The modern kitchen is a standout, equipped with brand new, updated countertops, stainless steel appliances, and stylish cabinetry, providing both functionality and aesthetic appeal. The spacious living room offers a warm and welcoming atmosphere for relaxation or hosting friends. Retreat to the primary suite, complete with an ensuite bathroom and generous closet space. The additional bedrooms are well-sized and versatile, ideal for family, guests, or a home office. Step outside to your private backyard oasis, where relaxation awaits! Enjoy evenings by the firepit, perfect for roasting marshmallows or sharing stories under the stars and the surrounding deck provides ample space for lounging and entertaining. The above-ground pool invites you to cool off during warm summer days, while the large enclosed back patio offers a shaded retreat for outdoor dining, lounging, or entertaining, regardless of the weather. The beautifully landscaped yard provides plenty of room for outdoor activities, gardening, or simply enjoying nature. Plus, the property is situated in a friendly neighborhood, with easy access to schools, parks, shopping, and dining. With its blend of modern updates and outdoor charm, this home is a true gem! Don’t miss your chance to experience this serene retreat—schedule a showing today and envision your future in this wonderful property!
Source: STELLAR #ns1082853
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #ns1082853
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: #ns1082853
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.