2809 Lee Trevino Ct Shalimar, FL 32579
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About this home
Welcome to 2809 Lee Trevino Ct in the highly sought-after Lake Pointe subdivision! This beautifully maintained 4-bedroom, 2.5-bath single-story home is move-in ready and offers a perfect blend of comfort, style, and function. Major updates bring peace of mind, including a new HVAC system (2022), LVP flooring in two bedrooms, and a lush Zoysia-sodded lawn within the last 3 years. Step inside to a spacious open living area featuring vaulted ceilings, abundant natural light, and a gas fireplace. The adjoining sunroom offers a flexible space ideal for a home office, reading nook, or play area. The kitchen is designed with both functionality and style in mind, boasting a gas stove, eat-in dining area, kitchen island with built-in storage, two pantry closets, and a built-in desk. Retreat to the primary suite with its elegant trey ceiling, expansive walk-in closet, jet tub, glass walk-in shower, and double vanity. Enjoy Florida living in the privacy-fenced backyard complete with an open patio and smart sprinkler system to keep your yard looking its best year-round. The epoxy-finished garage floor, large storage closet, and availability of fiber optic high-speed internet via Live Oak add even more appeal to this thoughtfully designed home. Don't miss your opportunity to own this gem in a quiet, well-established neighborhood just minutes from Eglin AFB, schools, and the beautiful Emerald Coast beaches. Schedule your private showing today!
Source: EMERALDCOAST #985657
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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.
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