975 MISTY MAPLE CT, Orange Park, FL 32065
Unlock an incredible opportunity & get a $10k credit towards closing costs, prepaids or a rate buydown with an acceptable offer. This generous seller credit can be used to cover your closing costs or to secure a more favorable interest rate, making your dream home more affordable than ever. Welcome to your dream home, nestled in the heart of Oakleaf Plantation! This stunning residence offers a unique combination of luxury, comfort, and convenience, all set in a serene community renowned for its variety of amenities and top-rated schools. Situated on the largest lot at the end of a peaceful cul-de-sac; this property boasts an expansive yard. The spacious interior features a large eat-in kitchen, complete with a breakfast bar, sleek granite countertops, and modern stainless steel appliances. Perfect for the home chef or for entertaining guests. One of the standout features of this home is its commitment to energy efficiency. Solar panels installed on the roof significantly reduce utility costs, while the newly replaced HVAC system (2022) and a hybrid water-efficient water heater ensure comfort and sustainability. In addition to these amazing upgrades, the home also has speakers and surround sound throughout! Outdoor living is impressive, with a covered patio equipped with hot tub hookups, ready for those who wish to create their own private spa oasis. As an added bonus, a high-end massage chair valued at $2,000 is included with the property, offering the ultimate relaxation experience right at home. In addition to its many in-home amenities, Oakleaf Plantation offers residents access to a wide range of community features, including parks, pools, tennis courts, basketball courts and more. With A-rated schools and convenient access to shopping, dining, and entertainment, this home provides the perfect blend of peaceful living and modern convenience. Don't miss the opportunity to make this exceptional property your own. Schedule a viewing today and discover all that this beautiful home and vibrant community have to offer!
You may be able to put down less than the total down payment amount of $161,654 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: #2031238
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