8161 Cayuga Trl N, Jacksonville, FL 32244
3 beds · 2 baths · 1,638 sqft
You are going to love this beautiful pool home with over 80K of updates & improvements. Nestled on a 100 x 135 lot in an established neighborhood with NO HOA or CDD. This 1638 square foot single family home with 3 bedrooms and 2 bathrooms offers ample space for relaxation, entertaining, and making lifelong memories. This gorgeous home boasts a generous open floor plan with vaulted ceilings, creating a bright and airy atmosphere. Featuring a fully remodeled chef's kitchen with all stainless-steel LG appliances, a farmhouse sink and gooseneck faucet. The kitchen also features a coffee bar & beautiful breakfast nook w/banquette seating & round table. Luxury plank vinyl flooring throughout living areas, spacious open family room/dining combo with stone fireplace and French doors leading to a flex space overlooking the pool and lush backyard. The spacious primary suite has an updated ensuite bath and his & her closets. There are two secondary bedrooms with The backyard is private and peaceful with a swimming pool, palm trees, large shade tree, shed and garden. Updated Features: Air Conditioner 2023. New triple paned windows by Preservation Home Specialists w/ a lifetime warranty, in addition to a beautiful custom decorative glass front door. Freshly painted walls/trim throughout the house. New registers, outlets & switches as well as three new ceiling fans. The living room with a wood burning fireplace is perfect for family gatherings. Fully fenced backyard and additional privacy fence area for storing a boat or dog kennels. Septic Tank & Drain Field Replaced 2012, Upgraded electrical panel includes 50-amp RV service. LG kitchen appliances and GE washer & Dryer 2023 will all stay. Septic pump emptied 2022, New Roof 2020, Pool Liner 2020, garage w/built-in storage, irrigation system w/ well & pump 2020. Welcome home!
Source: REALMLS #2034570
Source: REALMLS #2034570
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: #2034570
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