4093 AUTUMN AMBER DR, Spring Hill, FL 34609
Welcome to this LIKE-NEW DR Horton home, built in 2022, featuring the versatile Hayden floor plan with 5 BEDROOMS AND 3 FULL BATHS. This stunning two-story residence offers an open-concept design and TWO flexible living areas, perfect for modern lifestyles. Enter into the foyer where to your left is a flex room with ample natural light. Continue into the expansive kitchen with beautiful GRANITE countertops, a large central island, and sizeable pantry. The kitchen seamlessly flows into the dining area. The sliding glass doors open to a patio and a partially fenced backyard. The bedroom on this level is located near a full bathroom, providing flexibility for guests or multi-generational living. Upstairs, the luxurious primary suite includes an en-suite bathroom with a double vanity, granite countertops, a LARGE SHOWER and two generously sized walk-in closets. A versatile loft or flex room separates the primary suite from the three additional carpeted bedrooms with each having access to a second full bathroom. The thoughtfully designed layout ensures that whether you need bedrooms, home offices, or workout spaces, this home has the room to accommodate your needs. The laundry room is also conveniently located on the second floor, making household chores a breeze. With a two-car garage and modern finishes throughout, this home is move-in ready and waiting for you! Barrington at Sterling Hill is a gated community within the highly sought-after Sterling Hill neighborhood, where residents enjoy a wealth of amenities designed for a vibrant lifestyle. Sterling Hill offers not one, but two pools for leisurely swims, a splash pad, two playgrounds and courts for both volleyball and basketball, ensuring endless opportunities for outdoor fun. Additionally, there's a splash pad for cooling off on hot days, a dog park and fully-equipped gyms to meet all your fitness needs. This community truly has something for everyone!
You may be able to put down less than the total down payment amount of $35,982 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #w7868143