45 Westgate Ln, Palm Coast, FL 32164
3 beds · 3 baths · 2,134 sqft sqft
Welcome to this charming 3-bedroom, 2.5-bathroom home located in the desirable Pine Lakes neighborhood of Palm Coast. Situated on an oversized corner lot, this property offers both space and privacy, perfect for comfortable living and entertaining. The home features high ceilings, creating a spacious and airy ambiance. Enjoy the convenience and privacy of a split floor plan, ideal for families or guests. There is a large master suite with a view of the pool area and its own access through the bedroom sliders, with a bathroom that features a soaking tub, walk-in shower, and dual vanities for a spa-like experience. The kitchen boasts a double oven, granite countertops, and ample storage space. Benefit from a whole-house water softener and filtration system for pure, clean water. Seamlessly blend indoor and outdoor living with disappearing sliders that open up to the pool area. Swim in the large, solar-heated pool, perfect for relaxation and outdoor fun. Entertain in style with an outdoor bar and covered seating area. Convenient guest/pool bath accessible from the outdoor area. Enjoy the privacy and security of a fully fenced yard, ideal for children and pets. Maintain a lush, green lawn with a sprinkler system that operates on a well. Keep your 2 car garage cool and comfortable year-round with a dedicated mini split A/C unit. New hot water heater installed in 2023 for added peace of mind. Pine Lakes is a highly sought-after community in Palm Coast, known for its tranquil environment and close-knit community feel. Enjoy easy access to local amenities, including shopping, dining, walking/biking trails, golf courses and parks. The expansive Flagler County beaches make this location perfect for those who love coastal living. Don’t miss the opportunity to make this beautiful pool home yours and experience all that this Palm Coast gem has to offer!
Source: STELLAR #fc302562
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc302562
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: #fc302562
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.