70 Sable Ct, Winter Springs, FL 32708
3 beds · 2 baths · 1,851 sqft
Welcome home to this incredibly remodeled and renovated home in the heart of Tuskawilla, privately nestled on nearly a half-acre in a quiet cul-de-sac. VA ASSUMABLE LOAN!! Rest assured knowing all the big ticket items have been addressed: BRAND NEW ROOF 12/2023, BRAND NEW WINDOWS 2024, BRAND NEW AC 2024, BRAND NEW GARAGE DOOR, AND MECHANISM 2024!! Seemingly endless cosmetic upgrades are found at this open and airy 3 bed 2 bath single story ranch. Truly turn-key with all flooring and all light fixtures replaced, along with remodeled baths, a new gourmet kitchen, and stainless appliances, along with a newly installed fence for your oversized backyard. This versatile floorplan is ideal for entertaining friends and family alike: whether it's relaxing by the cozy wood-burning fireplace, honing in your cooking skills on the expansive kitchen island, or enjoying the ultimate Florida lifestyle on the screened-in, covered back porch which overlooks the massive rear yard, this home truly has everything. All this and more with incredible proximity to great schools, world-class attractions, and business/shopping districts; come see it today!! This property may be under audio/visual surveillance.
Source: STELLAR #o6267918
Financials
Source: STELLAR #o6267918
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.