5622 Legend Hills Ln, Spring Hill, FL 34609
3 beds · 2 baths · 1,991 sqft sqft
Welcome home to this beautiful sought-after Villla w/ a PRIVATE IN-GROUND POOL in the desirable Community of Silverthorn. GUARDED, GATED & MAINTANCE FREE LIVING. When you enter the Home through the 8ft Double Door entry way you will not be disappointed, the home has been updated with wood looking tile throughout, granite counter tops everywhere, Stainless Steel appliances and Freshley Painted inside and outside the home. The home is Painted a beautiful blue color that reminded me of the beach, or a beach house. There is trey celling's in the living room and the master bedroom, the master bathroom has a garden tub, standalone shower and a double sink. The owner enclosed the patio out to the pool, now I would call it a lanai. ROOF and AC unit was REPLACED in 2022! The HOA pays for itself when you own a Villa in Silverthorn! This Maintenace free Villa includes painting of the Villa, outside pest control, mowing, mulching, irrigation & water for the irrigation, landscaping, Basic Cable with High-Speed Internet. Silverthorn is a gated golf community with some spectacular amenities, such as manned security, a country club, a restaurant and bar, a community center, fitness center, library, a Olympic sized community pool, a pro-shop, tennis courts, pickleball courts, and much more. Silverthorn is within 5 min to Brooksville Hospital 10 minutes to Oakhill Hospital and other Medical Facilites, Silverthorn is also 5 minute ride to many stores, and dining. Truly a must see! Private showing is available anytime!
Source: STELLAR #w7869190
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7869190
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: #w7869190
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.