5562 Agostino Way, Ave Maria, FL 34142
3 beds · 3 baths · 1,729 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Be sure to add this easy to show home to your list. It is almost new! The seller added solar panels and a car charger, and modified the garage to add an office space. The open floor plan features spacious living areas; with plenty of natural Florida sunlight. The expanded kitchen and OVERSIZED patio create an inviting atmosphere for friends and family to gather. The fenced-in yard also offers space for your furry friend to hang out! Silverwood subdivision of Ave Maria offers the perfect blend of comfort, style, and location. The amenity-rich community of Ave Maria offers many recreational options, including tennis courts, a community pool, basketball and pickleball courts, bike paths, a dog park, volleyball courts, and a fitness center. Don’t miss the opportunity to own a piece of paradise in this vibrant, family-friendly neighborhood.
Source: NABOR #224099570
Source: NABOR #224099570
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.