9785 PEPPER TREE TRL, Wildwood, FL 34785
NEW PRICE & $4K Buyer Concessions Offered for Interest Rate Buydown!---PEPPER TREE VILLAGE, SALTWATER POOL HOME with a low-HOA/ NO age restrictions!---This 2018 build offers 4 bedrooms, 2 baths, 2,083 square feet, an open-concept kitchen and living space, tile running from the entryway through the kitchen, indoor laundry room, great closets, and ample storage space! The modern kitchen has cherry cabinetry, black Frigidaire appliances, tile flooring, a walk-in pantry w/ door, and boasts a 4x10 kitchen island for extra seating. The kitchen overlooks the open-concept 25x15 dining and living room area that sits on new luxury vinyl plank floors- the beautiful dining room table and chair set conveys! The split floor plan is desirable- three guest bedrooms and a large guest bathroom with tub sitting near the front of the home, plus the primary suite off of the living room. The guest bedrooms are similar in size, approx. 11x13, sit on carpet, and have nice sized closets and ceiling fans. Utilize the 2 hallway storage closets. The 14x13 primary bedroom suite has lovely natural light from the backyard, a walk-in closet with custom white shelving, and a bathroom with double sinks and shower. The backyard is fully fenced with 5 ft. 7 inch tall white vinyl fencing. The 12x24 Saltwater pool is ready for you and offers a 4x6 sun shelf for your comfort. Enjoy the washer/ dryer, pool equipment, outdoor patio chairs, dining room table and rattan chairs, plus more furniture items with option to convey! Pepper Tree Village is situated in Wildwood, just minutes from The Villages with easy access to I-75. NO CDD, move in to your new private POOL home today! Jump right in!
You may be able to put down less than the total down payment amount of $127,044 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: #om675890