59 Falling Water Ct, Ponte Vedra, FL 32081
4 beds · 4 baths · 2,117 sqft sqft
Nestled in a picturesque setting, this stunning three-story home truly redefines modern living. From the moment you step inside, you'll immediately be drawn to the breathtaking remodeled kitchen, redesigned with luxurious high end countertops and an abundance of sleek ceiling high cabinets. The ample countertop space allows for effortless meal preparation, while high-end appliances add a touch of luxury to everyday cooking. One of the standout features of this home is its gorgeous water views. Picture yourself enjoying a quiet morning coffee on the screened in patio against a backdrop that invites peace and serenity. The wooded views surrounding your cul-de-sac home bring a sense of tranquility and connection to nature. The layout of the home is designed with both comfort and privacy in mind. Tucked away on the bottom floor is a full guest suite, providing a welcoming space for visitors to unwind. Equipped with an en-suite bathroom and an additional private screened-in patio, this suite ensures that your guests feel right at home while enjoying their own private retreat. When it comes to outdoor amenities, this home truly excels. The neighborhood pool is just a short stroll away, offering a refreshing escape during those hot Florida days. With such a welcoming amenity nearby, you'll not only find a home but also a thriving community. This isn't just any homeit's a lifestyle that combines elegant design with ample storage solutions and stunning natural views. If you're searching for a sanctuary that merges modern elegance with natural beauty, look no furtheryour dream home is waiting for you.
Source: REALMLS #2053324
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2053324
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: #2053324
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