570 Cody Dr, Orange Park, FL 32073
4 beds · 3 baths · 2,461 sqft
Spacious 4/3 brick home with huge salt water pool. Mother in law suite opportunity here!! New pool pump installed 10/2022. Located in the desirable Bellair West subdivision. Walk into this beauty and experience the home that has it all! DO NOT miss the unique and delicate Cape Diamante Italian chandeliers throughout the home, valued around 10k. Crown molding and double paned- insulated windows are just a few extras that add that special look to this spectacular layout. The kitchen boasts of real wood cabinets with plenty of pantry space, and dining areas nearby. Why not walk over and cozy up around the wood burning fireplace in the living room as you enjoy your favorite cocktail along with dinner? Whatever it is that your heart desires, this home has the space to spread out and create great memories with your loved ones. If you need a place to entertain guests, OR need a 2nd Master bedroom suite, or extra office space, formal dining, this home has it all ..use your imagination and make it your dream home! Large closets with plenty of storage possibilities within each room. This home has an oversized (under air) Florida room that overlooks the huge salt pool. Diving board included..so come dive away into this secluded and fully fenced pool area. Your own private oasis to enjoy any time of year! Sprinkler system is irrigated by the private well, so no high water bills just to water your lawn. Be the owner of your own fruit trees-Lemon's & Orange's..who doesn't like fresh fruit?! This home has it all.. add a few of your own touches and updates and this home will be one that you enjoy for many years to come. New electrical boxes and wiring replaced throughout the entire house 5/2022. PVC piping and valves replace on water heater 7/2022, new carpet, high efficiency A/C and Heat Pump, with 10 year warranty T.V.'s convey with sale of home. Close to the hospital, restaurants, and lots of shopping nearby. Don't let this one slip away. Call to schedule your showing today!
Source: STELLAR #v4939157
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4939157
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: #v4939157
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.