7668 W Grove St, Homosassa, FL 34446
3 beds · 2 baths · 1,626 sqft
Situated on a generous .76-acre lot, this charming 3-bedroom, 2-bathroom mobile home offers an open floor plan designed for comfort and functionality. The spacious living room provides ample room for relaxation and entertaining, while the separate dining area is perfect for meals or hosting gatherings. The large master suite is a true retreat, complete with an office nook, a walk-in closet, and an en suite bathroom featuring double vanities, shower, and a luxurious Roman tub. The screened-in patio is ideal for enjoying the Florida sunshine without the pests. Two storage sheds provide additional convenience. The expansive backyard, partially fenced, offers plenty of outdoor space for recreation, gardening, or enjoying nature. This property is a block from the Homosassa Recreation Park, soccer fields, and the public library, with shopping and dining options just minutes away at Walmart and Publix. Enjoy the area’s local restaurants, or take advantage of the close access to boat ramps for fishing and exploring the waterways. Crystal River and Homosassa Springs State Park are nearby, offering opportunities for swimming, boating, and swimming with the manatees. New roof in 2024 and AC 2018. Move-in ready and brimming with potential, this home offers the perfect blend of space, location, and lifestyle. Don’t miss this opportunity!
Source: STELLAR #OM695807
Financials
Source: STELLAR #OM695807
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.