73 OAKLAWN CT, Saint Augustine, FL 32092
Popular move in ready Patriot Model, 14 months young in highly sought out Silverleaf and St. Johns County Schools! BUILDER INCENTIVES DO NOT COMPARE! Spacious single-level home featuring a convenient Next Gen® suite with a private entrance, living room, kitchen, two bedrooms, a bathroom and separate laundry - ideal for long-term guests or family members who need a little extra space. Main home is host to a generous open floorplan with 4 bedrooms, or 3 bedrooms and a convenient study with beautiful French doors. The entire home has been upgraded with ceramic tile floors ($4,000) perfect for entertaining. Fully fenced in yard ($5,000). Gourmet kitchen features 42'' white cabinetry with double ovens - bake convection roast and air fry settings. Gas cooktop, stainless appliances, Quartz counters. Dog lovers will enjoy the upgraded laundry room which includes large granite counters, sink and a dog bathing area ($2,500). Spacious 2 car garage has been upgraded with Epoxy coat floorings; wall mounted AC unit ($10,000) perfect for a game room. The home features upgraded lighting in the bedrooms that can be controlled through hubspace. The exterior of the home was also installed with decorative lighting to enhance the homes beautiful. The attic has been upgraded with pull down attic stairs, installed plywood for all your storage needs ($1,800) and has also been upgraded with foam insulation to reduce your heating and cooling bills. Living in Silverleaf means embracing a vacation-like lifestyle every day. Indulge in the resort-style amenities and make the most of the miles of bicycle and walking paths, swimming pools, splash park, sports fields, dog park, tennis and pickleball courts, and many neighborhood parks and playgrounds. Three NEW amenity centers are set to open along with dining and shopping including a Target coming soon to name a few great things! Don't miss out on this one. Silverleaf is also zoned for almost 2 million square feet of mixed use and commercial space for convenience access to dining, shopping, medical and other business services. It's a great place to call home and is one of the fastest growing master planned communities in St. Johns County, Florida! If buyer chooses First Coast Mortgage Funding for their financing, buyer will receive a credit of $2,000 towards closing costs. First Coast Mortgage Funding NMLS #1953441 / Reed Burchette NMLS #1521633. This is not a commitment to lend or extend credit. All loans are subject to credit approval. Equal Housing Opportunity.
You may be able to put down less than the total down payment amount of $80,750 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: #2035173
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Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.