1465 Osprey Ridge Dr Eustis, FL 32736
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About this home
This property is eligible for USDA 0% down financing, making homeownership even more attainable. Plus, a preferred lender is offering incentives to help make your move smoother and more affordable. Welcome to a beautifully maintained home that blends modern comfort with everyday functionality. Built just eight years ago, this property offers the peace of mind that comes with newer construction, from the roof to the AC and plumbing. Step inside to an inviting open layout that’s perfect for both relaxing evenings and easy entertaining. Natural light pours into the living spaces, creating a warm and welcoming atmosphere. The kitchen is positioned for convenience and connection, allowing you to cook, host, and gather effortlessly. Each bedroom provides a comfortable retreat with room to personalize and unwind. Whether you're setting up a home office, nursery, or guest space, the floor plan offers flexibility to fit your lifestyle. Outside, the yard offers space to play, garden, or simply enjoy the Florida sunshine. It’s the kind of setting where weekend barbecues, evenings under the stars, and quiet mornings with coffee all feel right at home. If you're looking for a home that feels welcoming from the moment you arrive—and offers financing advantages you won’t want to pass up—this one is ready for you.
Source: STELLAR #O6341372
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Close stress-free in 45 days, handled start to finish by Roam.
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FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.