7895 N Sarazen Dr, Citrus Springs, FL 34434
3 beds · 2 baths · 1,416 sqft
***OWN HOME FOR LESS THAN COST TO RENT!*** Welcome to your dream home in Citrus Springs! This stunning 3-bedroom residence boasts a thoughtfully designed split floor plan, making it ideal for families or those seeking privacy. The primary bedroom is located on one side of the home, while the two additional bedrooms and bath are conveniently situated on the opposite side, ensuring everyone has their own space. Experience the airy ambiance created by vaulted ceilings in the living room filling the home with natural light. Enjoy the latest upgrades with all new lights on front of home and both bathrooms and new ceiling fans throughout. The kitchen is equipped with all brand-new appliances, ready to inspire your culinary creativity! This home also has an a/c unit from 2021 as well as paid off solar panels that convey with home, allowing you to enjoy the benefits of reduced electric bills. With a spacious attached garage offering ample storage and parking, plus an additional four parking spaces on the driveway, convenience is key. Step outside onto back patio in your fenced backyard, perfect for gatherings or relaxation. Don’t miss out on this incredible opportunity to make this beautiful Citrus Springs home yours!
Source: STELLAR #u8253141
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8253141
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: #u8253141
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.