5139 N Opal Pt, Hernando, FL 34442
3 beds · 2 baths · 1,924 sqft
Your Dream Lake House Awaits! Discover this vibrant 3-bedroom home nestled on the sought-after chain of lakes, thoughtfully designed for those who love to embrace life by the water. The spacious living room boasts a large picture window framing breathtaking lake views, seamlessly connecting indoor and outdoor living. Enjoy entertaining with a built-in bar, ample closet space, and the warmth of a cozy wood-burning fireplace. The versatile office/den, located just off the foyer, features its own private entrance and stunning water views, making it perfect for work or relaxation. The home’s well water system includes an indoor filtration setup housed in the attached workshop. Updates include a recently replaced hot water tank, a new AC system installed in July 2018, and a durable metal roof added in December 2014. The property is also equipped with a septic system conveniently located in the front yard. Step outside to unwind on the expansive deck or dock, where you can soak in the enchanting breezes and admire picture-perfect sunsets. This is lakeside living at its finest—don’t miss your chance to make this dream home yours!
Source: STELLAR #o6229151
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6229151
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: #o6229151
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.