4557 Antietam Creek Trl, Leesburg, FL 34748
3 beds · 2 baths · 2,438 sqft
PRICE IMPROVEMENT OF $20,000! Welcome to your serene retreat in Arlington Ridge, the premier 55+ community nestled in Leesburg, FL. This CUSTOM-BUILT single-family home epitomizes spacious elegance with its generously sized rooms and unique features, perfectly situated on a tranquil cul-de-sac on a golf course AND a water view of the pond in your very own backyard! Upon entering, you are greeted by a light-filled main living room adorned with plantation shutters throughout the home and a glass door leading to the rear screened patio, where breathtaking views of the golf course and pond await, offering a front-row seat to Florida's magnificent sunsets. The heart of the home is its expansive kitchen, boasting ample counter space, upgraded appliances, and classic wood cabinetry. Adjacent is a large dining area that seamlessly connects to the screened patio, ideal for al fresco dining and relaxation. For those who love to grill or bask in the sun, an added extended patio provides the perfect spot to grill or just lay out in the Florida sun. Privacy and versatility define this residence, with a private den featuring a closet that can serve as an office space or an additional 4th bedroom. A formal dining room, complemented by large windows, enhances the home's inviting ambiance. On the opposite side of the home, the spacious master bedroom offers tranquility and comfort, opening to an ensuite bathroom equipped with double sinks, ample storage with drawers and cabinets, and a walk-in shower, completing the sanctuary-like feel of this home. This property is not just a home; it's a haven designed for those seeking peaceful living in a community renowned for its beauty and amenities. Experience the best of Florida living at your fingertips in this meticulously crafted residence at Arlington Ridge which includes swimming pools, fitness center, tennis courts, golf course, restaurants, a clubhouse & 24 hour guarded security. This home is a true gem, that has been impeccably maintained, schedule your showing now!
Source: STELLAR #o6221611
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6221611
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: #o6221611
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.