5162 Harbour Dr, Oxford, FL 34484
3 beds · 2 baths · 1,768 sqft
One or more photo(s) has been virtually staged. LOWER INTEREST RATE MAY BE AVAILABLE TO THOSE WHO MEET ASSUMABLE MORTGAGE QUALIFICATIONS. Fall in love with this 3 bedroom, 2 bath Villa. Brick Paved Driveway along with Brick Paved Sidewalks. Full 2 Car Garage with a sliding screen door. Large enclosed air-conditioned lanai overlooking the water! One of the few properties located within the non-age restricted area of Lakeside Landings which boasts a gorgeous fountain view. Home features an open and spacious layout with vaulted ceilings that seamlessly connect the living, dining, and kitchen with pass through. Perfect for both relaxation and social gatherings. Retreat to the lavish master suite, featuring spacious bedroom, two walk-in closets and spa-like ensuite bathroom. Relax and unwind in your own private sanctuary, complete with a large soaking tub. Enjoy all that this gated, resort-style community has. Take a short walk to the Clubhouse which features the Fitness Center, Library, Billiard Room, Card Room, Craft Room, huge Ballroom with space for community events. Cool off in two pools – one an impressive resort-style pool with waterfalls and fountains, the other a more traditional-style lap pool. Relax in two in-ground jacuzzi hot tubs. Take the dog to the dog park, or play pickleball, tennis, basketball, or practice putting on the green. In addition to all of this, your HOA fees include complete lawn and landscaping care, irrigation (sprinklers) and exterior pest control. You can’t go wrong with this perfect combination of comfort, convenience and low-maintenance living. Conveniently located near downtown Wildwood, Lake Miona (beach and dock access), and The Villages FL - only a 45-second drive via street-legal golf cart to the cart paths in The Villages. Shop, dine and enjoy The Villages Squares. Easy access to medical facilities and close to The Villages Charter School, as well as, The Wildwood Elementary, Middle and High School. Central to The Villages without the BOND or CDD Fees. Don’t miss out on the opportunity to make this your new home ~ Call or Text Today!
Source: STELLAR #g5083710
Source: STELLAR #g5083710
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: #g5083710
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.