6 Fig Ct E, Homosassa, FL 34446
3 beds · 2 baths · 2,215 sqft
*Motivated Seller* Enter the captivating Sugarmill Woods Community, this Home is on a quiet cul-de-sac street with street lighting, boasting curb appeal with a side entry driveway. Enter through double doors in the covered entry. The Great Room is Open, and used as a Living Room/Dining Room, with access to the A/C Florida Room, filled with light viewed through the new windows. Split floor plan, Master and master bath on one end, with sliders to Florida Room; 2 Bedrooms on the other side, with bath between. Kitchen has a breakfast nook area, Upgraded Appliances. Vinyl planking throughout the home, and Freshly Painted Interior/Exterior. Laundry has storage and a deep sink, as you pass thru to the 2-car Garage. A Screened Patio provides the place to Grill and Chill, enjoy the nature. This home with the landscape and natural surroundings boasts a serene feeling. The Upgrades are Re-roof 2023, New Gutter & Downspouts, Windows 2018, A/C Unit replaced 2021, Painting Interior & Exterior, Bosch Dishwasher, Fans & Lighting. Landscape upgraded. If you wanted to live near the Nature Coast in Sugarmill Woods, this Home awaits you, in that location.
Source: STELLAR #w7866941
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7866941
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: #w7866941
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.