914 Fallon Hills Dr
Haines City, FL 33844
3 beds · 2 baths · 1,500 sqft
$337,000
Get prequalified914 Fallon Hills Dr
Haines City, FL 33844
3 beds · 2 baths · 1,500 sqft
$337,000
Get prequalified914 Fallon hills Dr is a beatiful single family home located in the well located community of Higland hills of Haines City, Fl. This residence offers 1500sqft of living space that has 3 bedrooms and 2 bathrooms. With an open and inviting layout the space is perfect for hosting friends and family with a kitchen that features a stylish backsplash and flows seamlessly into the open-concept living areas, perfect for entertaining, and it offers a large kitchen island with granite countertops. With top notch and luxurious darker stainless steel appliances, higher ceilings than the rest of the houses and ceramic tile on the house and the primary bedroom. A stunning an unique large 3 panel glass door that gives you access to the very large fenced patio, house offers plenty of natural light making it the perfect option for your family. This owner occupied home feautures an extra refrigerator in the garage, with a portable A/C unit for those families that like to have a gym or an office in this space. With the option of being able to buy this home with all the furniture, this is definetly an excellent choice to make this your home for many years.
Source: STELLAR #O6316510
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.
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