3946 Cloverdale Ct, Middleburg, FL 32068
4 beds · 4 baths · 2,259 sqft
Welcome to 3946 Cloverdale Court, a stunning residence in the heart of Middleburg, FL! Ideally situated just a stone's throw from Oakleaf Town Center, this home places you near a variety of restaurants, shopping, and entertainment venues, as well as essential medical facilities. Outdoor enthusiasts will appreciate the proximity to Eagle Landing Golf Club, and commuters will benefit from the quick access to major expressways, making this location ideal for any lifestyle. As you arrive, you'll be greeted by a paver driveway, a two-car garage, and mature landscaping that leads to the welcoming front entrance. This thoughtfully designed home continues inside, equipped with a tankless gas hot water heater, a water softener system, stunning wood-look tile flooring, and an open floor plan. The spacious kitchen features quartz countertops, ample cabinet space, a walk-in pantry, gas stove, and a kitchen island that flows seamlessly into the living and dining areas. The primary suite offers a large walk-in closet and a luxurious ensuite bathroom with a double sink vanity and a generously sized tiled shower. The two additional bedrooms, each featuring plush carpeting, share a Jack and Jill bathroom, providing privacy and convenience. An office with French doors, which also includes a closet, can easily be used as fourth bedroom or serve as a quiet workspace. Additionally, a flexible in-law suite or bonus room, can be used as a fifth bedroom and gives you even more options to customize the home to fit your lifestyle. Outdoor living is equally impressive, with a dual sliding glass door leading to the screened lanai, complete with an outdoor TV. The fully fenced backyard, with black iron fencing, overlooks the tranquil ponda perfect backdrop for gatherings or quiet evenings at home.
Source: REALMLS #2053916
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2053916
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 30-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: #2053916
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