6093 E Malverne St, Inverness, FL 34452
3 beds · 2 baths · 1,259 sqft sqft
Check out this 2007 built 3-bedroom, 2-bathroom home that boasts a spacious split floor plan, perfect for both relaxation and entertaining. As you enter, you’ll immediately appreciate the tile flooring that flows throughout the home, providing both style and easy maintenance. The split floor plan allows for privacy, with the primary suite featuring an en-suite bathroom and generous closet space, while the two additional bedrooms are perfect for family, guests, or a home office. The kitchen offers ample space for cooking and features tons of cabinet space, making it a delight for any home chef. Enjoy your meals in the adjoining dining area that flows seamlessly into the living room. Recent upgrades include a 2024 water heater and a 2020 HVAC with UV system, ensuring your comfort year-round. Additionally, a whole-home water softener and filter system was installed in 2022, enhancing the quality of your water. Interlock transfer switch was also installed, allowing for easy generator hook-up. Don’t miss the opportunity to make this well cared-for home yours! Schedule a showing today and experience all the comforts it has to provide.
Source: STELLAR #tb8311283
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8311283
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #tb8311283