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7196 N Farmington Ter, Citrus Springs, FL 34434
5 beds · 3 baths · 2,288 sqft
Welcome home to this stunning 2022-built gem nestled in the heart of sunny Citrus Springs! This two-story residence offers an impressive five bedrooms and three bathrooms, providing the perfect canvas for your needs. As you enter, the dining area flows seamlessly into the kitchen featuring gleaming granite countertops and a full stainless steel appliance package—truly the heart of the home. Adjacent, a bright breakfast nook opens to the living room, perfect for gatherings or quiet evenings. For added convenience, the main floor boasts a full bathroom and an adjoining bedroom with a walk-in closet, ideal for multi-generational living, guests, or a private home office. Upstairs, discover three generous secondary bedrooms that share a full bathroom, alongside an expansive primary suite—your personal sanctuary. This retreat includes a large en-suite bathroom with a double vanity, granite countertops, a shower/tub combo, and an enormous walk-in closet. Step outside to your private oasis: a covered and screened lanai complete with ceiling fans, offering the ultimate space for year-round enjoyment and effortless entertaining. The extended paver driveway provides abundant off-street parking, and the fenced, low-maintenance backyard ensures peace and privacy. Additional comforts include ceiling fans and window treatments throughout and a whole-home water softener system. Best of all, the home comes equipped with roof solar panels that will be completely paid off at closing with an accepted offer, delivering substantial energy savings for years to come! Citrus Springs is a deed-restricted community with no HOA fees. Don't miss out on this opportunity, schedule your showing today!
Source: STELLAR #OM702397
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #OM702397
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 620, 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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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