5220 Sunshine Dr, Wildwood, FL 34785
3 beds · 2 baths · 1,504 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Located in a well-thought-out and extremely conveniently located Beaumont community featuring a swimming facility and fitness center, this beautifully upgraded home offers the perfect blend of comfort, style, and smart functionality. Built in 2021, this 3-bedroom, 2 full bathroom home features a spacious 1,504 sq ft open-concept floorplan that flows effortlessly from room to room, creating a warm and inviting living space perfect for everyday life and entertaining. From the moment you arrive, you'll appreciate the attention to detail, starting with the beveled full-glass entry door and custom-etched transom window that create an elegant welcome. Inside, the home showcases timeless finishes like crown molding throughout and 5-foot wainscoting in the dining area. Plantation shutters enhance every window, and new luxury vinyl plank flooring runs throughout all three bedrooms — with no carpet anywhere in the home. The kitchen is both stylish and highly functional, featuring stainless steel appliances, a custom backsplash, upgraded cabinet hardware, and pull-out shelving in all lower cabinets and bathroom vanities. LED cabinet lighting above and below adds ambiance, while a new kitchen faucet with a built-in soap dispenser completes the space. The dining area and hallway boast upgraded lighting fixtures, and the living room includes a decorative ceiling fan and a sleek cornice over the sliding doors with integrated LED lighting. Large sliding glass doors offer one-way UV-tinted film for privacy and natural light, with a retractable Roman shade for added comfort. Each bedroom includes a ceiling fan, and light switches have been upgraded throughout the home to modern rocker styles with dimmers. A smart ADT security system is already in place for your peace of mind. The primary bathroom has been fully remodeled with a beautiful new shower, and both bathrooms offer upgraded pendant lighting, over-toilet cabinetry, and refined fixtures — including a new sliding glass door in the guest bath. Step outside to a fenced backyard with motion-activated security lights and additional outdoor electrical outlets already installed in the garden beds and at the pergola for added convenience for garden or entertainment space. The garage is an organizer’s dream, featuring durable Race Track flooring, pegboard, and a lawn tool rack. This home's special garage also includes an electric screen door at the entry and a decorative fence along the garage side to discreetly conceal trash bins. As if all of this weren't enough this home is adorned with upgraded landscaping in the front to enhance the curb appeal with stack rock wall and plantings as well as the additional landscaping surrounding the custom paver patio area in the back yard ! Lovingly maintained and thoughtfully upgraded, this home is truly move-in-ready and located in one of Beaumont’s most desirable communities. Schedule your private tour today and discover all the extras that make this home stand out. BUYERS AGENT TO VERIFY - CALL TODAY FOR A SHOWING !
Source: STELLAR #OM699249
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #OM699249
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.