774 CREIGHTON RD, Fleming Island, FL 32003
Major Price Improvement! Seller is ready for her next journey! Experience the epitome of Fleming Island living with this 4-bedroom, 2-bathroom residence, perfectly positioned to offer panoramic water views from the comfort of your own front porch. This unique home, nestled on a pie-shaped lot, offers a rare blend of privacy and scenic beauty, inviting you to enjoy the serene waterscape in a sought-after neighborhood. As you step inside, the warmth and character of the home immediately embrace you. The open and airy layout seamlessly connects the living spaces, while large windows bathe the interiors in natural light, enhancing the cozy yet spacious feel of the home. The home's culinary hub, the kitchen, is equipped with modern appliances, ample cabinetry, and generous counter space, making meal preparation a breeze. Boasting four well-appointed bedrooms, this home offers flexibility and comfort for families, guests, or home offices Step outside to discover the expansive screened-in back patio, stretching across the entire back of the house. This magnificent outdoor living space is perfect for entertaining, dining al fresco, or simply unwinding as you enjoy the lush surroundings of your pie-shaped lot. Don't miss the opportunity to own a piece of paradise with character, comfort, and unmatched views. Contact us today to schedule a viewing and see for yourself why this home is a rare find on Fleming Island. Roof 2022, Electrical 2022, Replaced 10 ft pipe that connects to septic 2023 Rain Gutters 2023 New Well Tank Fire Proof insulation entire Attic 2023 Installed closet shelf systems 2023 2 New Well Pumps 2023 Back Patio repaint 2024
You may be able to put down less than the total down payment amount of $39,767 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: #2009660
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.