711 Saint Andrews Blvd, Lady Lake, FL 32159
2 beds · 2 baths · 1,694 sqft sqft
This home is located just a three-minute walk to the adult pool and mail drop. Walk through a large 12’x24’ covered lanai into a 19’x19’ enclosed sunroom with sliding windows, darkening solar screening, heat , A/C, and electric darkening blinds. Walk out the back door of the sunroom and view the beautifully landscaped backyard with a large paver deck, 12’ awning with led lighting, island garden with cascading waterfall, and the perimeter of the west and north side of home has landscape lighting. The outside lanai, storage/workshop, golf cart garage, and sunroom have an upgraded double metal roof. This 2-bedroom - 2 bath home has a new roof being installed within the next few weeks. NO Bond - NO CDD. new windows (2019) and Plantation Shutters were installed throughout the house in 2019, a beautiful, updated kitchen with (2) pantries, new stainless-steel appliances (2024). The master bedroom features (2) closets, one is a spacious walk-in closet, the 2nd bedroom doubles as an office with a murphy bed for guests. For your laundry, storage and workshop, you will love the expanded (8 ft) golf cart garage. You are a short golf cart ride to Spanish Springs Square where you will find nightly entertainment - a different band every night, shopping and several restaurants. The hospital and doctor offices and shopping are all golfcart accessible. You should never get bored, there are several nearby golf courses, both 9-hole and 18-hole, (2) pools nearby, (2) bowling alleys, pickleball courts, tennis, baseball, and rec centers with pool tables, game tables and party rooms. This home is a must see!
Source: STELLAR #g5088434
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5088434
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: #g5088434
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.