760 Hammond Pl, The Villages, FL 32162
3 beds · 2 baths · 2,000 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. FANTASTIC OPPORTUNITY to ASSUME the 2.25% V.A. MORTGAGE on this DESIGNER LANTANA located one block from Lake Sumter Landing! Nestled on an OVERSIZED PRIVATE LOT with room to expand the home, or CREATE YOUR OWN PIECE OF PARADISE with a pool or added patio, this property has a lot to offer! This bright and airy home has a split bedroom plan with GUEST WING at the front of the home, including two guest rooms, BOTH WITH CLOSETS and ceiling fans, plus a guest bath with tub/shower combo and CORIAN COUNTERTOPS. The PRIMARY SUITE is at the back of the home and includes an ample bedroom with four windows offering views to the backyard and side yard, making this room bright and inviting. The bedroom has WOOD FLOORS, ceiling fan, ENSUITE BATH with tile floors, WALK IN SHOWER, CORIAN COUNTERTOPS with drop vanity counter, DOUBLE SINKS, separate water closet and large WALK IN CLOSET. Light tone DIAGONAL TILE flooring, HIGH CEILINGS and two well placed SOLAR TUBEs help spread the NATURAL LIGHT that washes through the sliding doors and windows through the dining, living, breakfast and kitchen areas, keeping them BRIGHT and CHEERFUL. The kitchen has upgraded WHITE CABINETRY, STAINLESS APPLIANCES and CORIAN COUNTERTOPS. Adjacent to the kitchen is the INDOOR LAUNDRY ROOM with window, deep sink and UPGRADED WASHER & DRYER. Sliding doors in the living area offer access to the large COVERED & SCREEN ENCLOSED LANAI which has plenty of room for outdoor dining plus a separate seating area or hot tub. An ADDED BIRDCAGE off the lanai is great for soaking up the sun while enjoying the privacy and views of the backyard! There are many upgrades including a 2025 ROOF, 2023 A/C, 2021 water heater, WHOLE HOUSE WATER FILTRATION SYSTEM, and more. The two ar garage has pull down stairs to attic storage. Ideally located near Lake Sumter Landing's many retail, medical and dining options, including free nightly entertainment on the square! The Caroline Pool, Coconut Cove Rec Center and Mallory Hill Country Club are also nearby. 6 1/2 miles north is Spanish Springs Town Square and 8 miles south is Brownwood Paddock Square. This central location makes it easy to navigate to most areas of The Villages by golf cart. Call to view today!
Source: STELLAR #G5095710
Source: STELLAR #G5095710
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.