929 NW 232ND DR, Newberry, FL 32669
Home has been updated since being on the market. All new carpet in entire house! Brand new GE stainless steel microwave, stove, and newer dishwasher!! Newly Pressure washed driveway & sidewalk! Freshly painted with all new faucets, & new dual flush chair height toilets. Discover the perfect blend of modern elegance and natural beauty in this 4-bedroom, 2-bathroom home and an office, nestled on a coveted spacious corner lot in a lovely neighborhood. With 1952 square feet of living space, this home offers a thoughtfully designed split floor plan, providing both privacy and functionality. The heart of this home is the contemporary kitchen featuring granite countertops, sleek custom cabinetry, stainless steel appliances, ideal for both culinary enthusiasts and casual dining. Indulge in spa-like luxury with rain soft water softener in your jetted tub in the primary bathroom, showcasing elegant design and separate walk in shower. New dual flush comfort height toilets installed as well! Relax on your custom patio, covered pergola with metal roof provides a perfect spot for al fresco dining or simply enjoying fresh air overlooking your custom walkway to the fire pit! Conveniently situated in Newberry, this home offers easy access to UF, shopping, and city amenities while providing a peaceful retreat from the hustle and bustle. Don't miss the chance to make this beautiful property your home. Schedule a showing today to experience the allure of quiet living paired with modern convenience.
You may be able to put down less than the total down payment amount of $23,314 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: #gc519089