49 Thornton Ct, Saint Augustine, FL 32092
6 beds · 5 baths · 3,443 sqft
VETERANS- Rare Assumable VA loan at Roam w/a 2.6% interest rate. Save hundreds monthly while living in one of St Johns County's newest Master-Planned Communities Silverleaf! Discover unparalleled modern living in this state-of-the-art 6bed/5bath smart home, boasting upgrades over $200K. Step outside to your new heated saltwater pool w/a sun deck & spa, equipped with top-of-the-line Pentair equipment. Relax in the screened-off lanai watching TV. The high-speed fiber optic Wi-Fi network provides wire-free connection. High-end Alarm system w/front video doorbell & intercom, front door lock & motion security cameras covering all critical areas for comprehensive protection controlled via mobile devices. The 3-car garage features 2 NEMA chargers for electric vehicles. Back inside, there's a place for everyone in this stunning open floorplan for spending time together yet provides privacy w/a 5-way split bedroom layout featuring tile & LPV flooring throughout & wood stairs headin The heart of the home has a large island w/seating, 5 burner gas stove top, quartz counters, white & grey cabinets and custom pantry enhancing kitchen functionality, while the water softener keeps those pesky water spots away. The main space of the home features a large open area including the kitchen, great room and dining area. The first-floor primary suite has a large walk-through shower with two shower heads, soaking tub, double sinks & two ample custom closets. The three secondary bedrooms/2 full baths are on 1st and 2 bedrooms/2 full baths are upstairs with the bonus room. The 6th bedroom offers an ensuite bathroom and is currently being used as an office. Are you ready to experience the ultimate convenience with innovative features, making this home the perfect blend of luxury, technology, and comfort?
Source: REALMLS #2038183
Source: REALMLS #2038183
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: #2038183
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