65058 LAGOON FOREST DR, Yulee, FL 32097
River Glen is hot, hot, hot! This stunning residence is a gem waiting for you to claim it as your own, featuring the highly sought-after Cali floor plan. As you step inside, you'll be greeted by an abundance of natural light, creating an inviting atmosphere. The open concept layout offers ample space to grow and design your ideal living space. To the left, a wing houses two guest bedrooms and a full guest bath, providing privacy and comfort for your visitors. Continuing down the main hall, a fourth guest bedroom awaits, perfect for a home office or additional guest space. The spacious laundry room offers plenty of storage options, whether it's shelving, cabinets, or additional organizational solutions. Entering the open kitchen, you'll find wood-look flooring, stainless steel appliances, a large kitchen island, ample cabinet space, and a generously sized walk-in pantry, making meal prep a breeze. The kitchen seamlessly flows into the expansive family room and dining area, illuminated by recessed lighting and offering endless possibilities for furniture arrangement and decor. The master bedroom, nestled at the back of the home for ultimate privacy, offers serene backyard views and features an ensuite with double sink vanities, a shower/tub combo, and a sizable walk-in closet. Outside, the backyard provides ample space for family gatherings and cookouts, fully fenced for added privacy and security. River Glen community offers an array of amenities, including a Jr. Olympic-sized pool, kids splash park, clubhouse, private gym, basketball courts, tennis courts, and more, ensuring there's something for everyone to enjoy. Conveniently located less than 2 miles from 95 for easy access to the city, and a short drive to the beautiful beaches of Amelia Island, this home offers the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to make this beaut your forever home!
You may be able to put down less than the total down payment amount of $67,919 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #2028509
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