4304 N Shawnee Dr, Beverly Hills, FL 34465
4 beds · 2 baths · 2,351 sqft
2.875% assumable FHA mortgage do not miss this opportunity! Sellers are Motivated! Welcome to your exquisite and refined dream home nestled in the idyllic neighborhood of Pine Ridge! This elegant and spacious 4-bedroom, 2-bathroom residence offers the perfect fusion of comfort, sophistication, and leisure. The Master suite is luxuriously spacious, featuring not one, but two walk-in closets. The Master bathroom is a haven of indulgence, boasting his and her sinks, a lavish garden tub, and a stunning walk-in shower. The three additional bedrooms are thoughtfully designed, perfectly suited for children, guests, or as a sophisticated office space. The kitchen is a culinary enthusiast's delight, with an open layout that seamlessly connects to the living area. Complete with a separate eat-in kitchen and dining area, this space lends itself to both intimate gatherings and grand entertaining. Nestled on a sprawling and meticulously landscaped 1.5-acre lot, this property boasts an array of enticing features. A brand new saltwater pool, complete with a slide, promises endless hours of summertime enjoyment, while a luxurious propane-heated hot tub spa provides relaxation throughout the year. The oversized enclosed lanai, with its panoramic views of the serene surroundings, sets the stage for unforgettable family BBQ's and tranquil lounging. Conveniently located, this residence offers easy access to a plethora of trendy and upcoming shops and restaurants, ensuring you are always at the heart of the vibrant community. Furthermore, with the sparkling Crystal River just a short 10-15 minute drive away, water enthusiasts will have access to a paradise of boating and fishing adventures. Don't miss the opportunity to experience the epitome of refined living. Call today for a private showing of this exceptional property.
Source: STELLAR #u8253860
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8253860
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: #u8253860
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.