4850 St James Ct, Winter Haven, FL 33881
3 beds · 2 baths · 1,675 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Priced to Sell at $275,000! Motivated sellers have priced this home to sell quickly, and they are reviewing all offers. Welcome to this well maintained 1,675 sq ft home located in the highly desirable St. James Crossing community. Built in 2018, this home offers an inviting open floor plan perfect for modern living, featuring 3 spacious bedrooms, 2 bathrooms, and a 2-car garage. With no CDD fees and a low HOA, this property presents incredible value for the price! The heart of the home is its kitchen, which boasts elegant granite countertops, ample cabinet space, and luxury laminate flooring. The open concept design ensures that both entertaining and everyday living are a breeze. The primary suite is a true retreat, offering a generously sized walk-in closet and a private en-suite bathroom for added comfort and privacy. Two additional bedrooms provide plenty of space for family, guests, or a home office, while the second bathroom is conveniently located nearby. While the carpets in the bedrooms and family areas are due for replacement, the home’s in-wall pest control system adds a layer of convenience and peace of mind, ensuring that your living space stays protected. Motivated sellers have priced this home to sell quickly, and they are reviewing all offers. Don’t miss your chance to own this fantastic home in a vibrant community, just waiting for you to make it your own. Schedule your showing today! Asking Price: $275,000 Make your move now—this one won’t last long!
Source: STELLAR #P4931386
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #P4931386
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.