4911 NW 20th Ter, Gainesville, FL 32605
4 beds · 3 baths · 2,041 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. UNDER CONTRACT! ACCEPTING BACKUP OFFERS! Welcome to your dream home! Nestled in the highly sought-after NW neighborhood of Sorrento, this stunning 2013-built home is move-in ready and waiting for you. Situated on a spacious lot at the end of a peaceful cul-de-sac, this home backs up to serene wooded areas, offering privacy and tranquility. Recent upgrades include a brand-new A/C system installed in 2024 and a tankless water heater added in 2025, ensuring modern comfort and efficiency. Step inside to discover a warm and inviting space with four bedrooms and two and a half bathrooms, perfect for family and guests alike. Tall, flat ceilings and a gorgeous layout create an open airy atmosphere, ideal for gathering with loved ones. Abundant windows flood the home with natural light, adding volume and charm to every room. The heart of the home is the beautiful kitchen, featuring granite countertops, stainless steel appliances, and a seamless view of the living/dining areas. It’s the perfect spot for entertaining or simply enjoying time with family. The spacious primary bedroom is a true retreat, complete with a walk-in shower, double vanities, and a generous walk-in closet. The laundry room comes equipped with a well-functioning washer and dryer, both of which will stay with the home. Additional features include a fully fenced yard, rain gutters, and ceiling fans in every room for added comfort. Outside, you’ll find your own private oasis—a large backyard that backs up to a conservation area, complete with a nature trail for peaceful strolls. Conveniently located just a short drive from the University of Florida, UF Health, the VA, shopping, and dining, this home offers the perfect blend of serenity and accessibility. Plus, it’s close to the NW 13th St/441 corridor for easy commuting. 15 MIN DRIVE TO GNV AIRPORT! This is a rare opportunity to own a home that truly has it all. Don’t wait—schedule a showing today before it’s gone! Your new chapter starts here.
Source: STELLAR #GC529092
Source: STELLAR #GC529092
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.