Welcome to Juliette Falls! This 4-bedroom 3 bath home in the award-winning golf community is a must see!! The exterior of this home is decorated with accent LED lighting, paver drive and walkway, custom concrete landscape curbing, upgraded landscaping, granite stone flower beds and wifi irrigation. The garage, front, and back porch floors are treated with polyaspartic coating which is stronger and longer lasting than epoxy. When you walk in, you will be greeted with an open floor plan, high ceilings, and ceramic tile flooring. The large kitchen features stainless steel upgraded appliances, Granite counter tops, plenty of cabinets, and a ceramic under mount sink. The master bedroom is currently furnished with a king size bed and furnishings (for reference only), has a tray ceiling, 2 walk in closets, floor to ceiling tile in the large walk-in tile shower, granite double vanity with under mount sinks, water closet, and linen closet. The home rounds out with 3 more large bedrooms and 2 more beautifully decorated bathrooms. The separate laundry room leads to the garage and the washer and dryer will remain. All windows have been fitted with window treatments, the lanai is screened in, and all other necessary installments not provided by the builder have been done. This is the perfect move in ready home! Enjoy a day of golf and come home to the pride of the community!! Juliette Falls Community is perfectly located between nearby attractions such as Cedar Key, Crystal River, Rainbow Springs, and the World Equestrian Center.
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
