7325 Islander Ln, Hudson, FL 34667
2 beds · 2 baths · 1,395 sqft sqft
Handyman special! Waterfront 2-bedroom, 2 full bath home with 1 car garage is ready for you to put back together at a DEAL! Home did have water intrusion during Helene but all the hard work has been done! Drywall has been removed, framing was sprayed and completely dried out. All electrical outlets replaced. NEW AC just put in! This open concept leaves endless possibilities for you to design the home of your dreams! The primary bedroom has walk in closets and jack n jill bathroom that could easily be made into an ensuite. Large dining room space off the kitchen to make an even bigger kitchen with an island & entertaining space. Come relax in the screened in back porch and enjoy water views and cool breezes. Sea Pines community has a private boat ramp for a small annual fee and is golf cart friendly with bars and restaurants just a short ride away. Conveniently located off Hwy 19 for easy access to shopping, hospitals and just 15 minutes to the expressway for easy access to Tampa and airports. This won't last long. Call me for a showing today!
Source: STELLAR #w7869981
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7869981
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: #w7869981
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.