85131 Deleene Rd, Yulee, FL 32097
6 beds · 4 baths · 2,944 sqft sqft
***HUGE PRICE IMPROVEMENT JUST IN TIME FOR THE HOLIDAYS*** LOOKING FOR A FAMILY COMPOUND? Want that extra, private space for teenagers? A home for Mom/Dad? Look no further! This 1 acre high & dry property offers a well maintained mobile home with the ideal split floor plan boasting 4 bedrooms, 3 bathrooms, large kitchen with prep island & plenty of cabinet space! Gas powered fireplace in the living area but also have a separate den/dining area! Covered back deck overlooks the backyard that offers spacious outbuildings/workshop area as well as horse stalls! BUT WAIT there's more! There is a 2 bedroom, 1 bath HOUSE (85139 Deleene) that has been fully remodeled that has an absolutely adorable front porch! It has a FULL kitchen area, living room, and small dining space as well. Super close to the John Claxton Boat Ramp! MH: Shingled Roof 2018, AC 2019, drainfield 2022, water softener 2020. SFR: Metal Roof 2017, interior fixtures/appliances, less than 2 years old. YOU DO NOT WANT TO MISS THIS ONE! NO HOA or CDD fees!!! Please note: Showing spaces limited
Source: REALMLS #2008608
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2008608
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: #2008608
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