7377 SE 168TH MITZI ST, The Villages, FL 32162
This property has a VA assumable loan balance approximately $225,000 at 2.65. Must be a VA qualified buyer. Popular courtyard villa built in 2018 Soulliere Villas. Pet owners love the privacy of the courtyard. Granite countertops, under cabinet lighting, and brushed nickel hardware. Stainless steel appliances come with this beautiful kitchen with plenty of cabinet storage with pullout shelves and nicely finished with crown molding tops. The Laundry room is discreetly tucked away with extra cabinets. The vaulted ceilings are a great addition to the feel of the living area. The owners have added new paint, modern light fixtures to personalize the home. The primary bedroom, featuring a tray ceiling, ceiling fan, dual doors to the courtyard. Dual sinks and a Roman shower and walk in closet in Main bedroom. Bedrooms 2 & 3 are comfortable each with carpet and double door closets. and guest bathroom with a shower-tub combination and a second linen closet. The garage features a pull-down ladder and an insulated garage door. Outside, the yard is a landscaped with rock and grass areas, a vinyl fence with gate, and block wall privacy. Residents can enjoy a variety of recreation centers, including First Responders, Mulberry Grove, and The Savannah center. Cool off in the pools at Soullier, or the family friendly First Responders pool. For pet lovers, there’s the Mulberry Dog Park. Golf enthusiasts will appreciate the Championship Lopez, and the Glenview Executive courses: Amberwood, Oakleigh, Briarwood, and Walnut Grove. Plus, perfect your putt at the First Responders Putting Course. This home is more than just a living space; it’s a lifestyle waiting to be embraced. Soulliere Villas were built in 2018, Enjoy the Mature landscaping of the area and all the shopping, entertainment close by. Call for private showing This courtyard villa built in 2018 is well for the age. Enjoy New living in the older part of the Villages
You may be able to put down less than the total down payment amount of $120,255 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: #g5082930