39745 River Rd, Dade City, FL 33525
2 beds · 2 baths · 1,452 sqft
Welcome to this beautifully remodeled home nestled on 2.49 acres of freshly landscaped, fully fenced land- zoned Estate Residential! Offering a stunning country charm, this 2 bedroom, 2 bath gem features an expansive 896 sq. ft. 2 car garage ideal for extra storage, hobbies, or even a workshop. Step inside and delight in the completely renovated interior, with new luxury vinyl and tile flooring throughout the home, fresh paint, and a thoughtfully designed open- concept living space. The gorgeous new kitchen is a chef's dream, showcasing white cabinetry, quartz countertops, a decorative backsplash, cabinet pantry storage, and sleek stainless steel appliances, including a built-in double oven, cooktop, beverage refrigerator, refrigerator, microwave, and dishwasher. The kitchen is spacious enough for a full dining room table, seamlessly flowing into the inviting living area, making it ideal for entertaining! Both generously sized bedrooms (14'x15') feature walk-in closets with built-in organizers, ceiling fans, and easy-to-maintain vinyl flooring. The primary suite has an updated spa-like ensuite bath with hexagonal tile flooring, a new vanity, updated lighting, and a walk-in shower with subway tile and a glass enclosure. The guest bathroom is equally impressive with a new vanity, lighting, and a tub/shower combo with a glass enclosure and decorative tiling. Outside, the oversized 28'x32' garage provides ample space for vehicles, storage, and the laundry facilities. Additional highlights include a metal roof, fresh exterior paint, a 30-amp RV connection, a newer well pump, a water filtration system and softener, a septic system, and no flood zone. The backyard is a blank canvas for your dreams, offering plenty of room for animals, recreational toys, a pool, or a garden- the possibilities are endless! Don't miss your chance to own this incredible move-in-ready residence in a desirable Dade City location, just a 5 minute drive to Withlacoochee River Park’s trails, camping, and parks- a truly spectacular piece of central Florida nature. Schedule your private tour today!
Source: STELLAR #TB8362571
Source: STELLAR #TB8362571
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.