3522 Sugar Maple Ln Crestview, FL 32539
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About this home
*2.75% VA Assumption available for qualified buyers with their own VA entitlement* Welcome home to this beautiful 5 bedroom, 3 bath home on a great (and flat!) 0.35 acres. Enjoy coming home to Timberland Ridge, a newer community with sidewalks throughout! This floor plan is a fabulous open concept design with all the space you've been looking for! Enter into the driveway and past the updated landscaping and storm door to find luxury vinyl plank flooring throughout the common areas to include the living room, kitchen, all three bathrooms, and the laundry room. Ceiling fans have been added to the living room and all bedrooms, and you'll love the LED lighting throughout. The open kitchen features a large island bar with an upgraded farmhouse style sink and new faucet, white cabinetry with updated hardware, smooth top range, built in microwave, stainless steel appliances (including a new French door refrigerator with ice maker), under cabinet lighting, and a large corner pantry. There is also a nice sized breakfast nook as well as a space for your large dining room table or a flex space to utilize! The owner's suite is a spacious space to enjoy with an en suite bathroom featuring a walk-in shower, double vanities, large walk-in shower with a custom closet organizer, and a private water closet. The other 4 bedrooms are great sized with ample closet space and the other two full bathrooms are perfectly situated, one of which is right at the back door for easy access! Outside is a great covered patio overlooking the large fully privacy fenced in backyard complete with a 10.5ft double gate on one side (with an additional installed post to change it to a 12ft wide gate if needed, and posts already installed 5ft apart on the other side to be able to add an additional gate)! Stylish, desirable, and durable this Hardi board craftsman designed home with a Smart Home Connect system (video/camera doorbell & keyless entry) and makes this one you don't want to miss out on!
Source: EMERALDCOAST #985435
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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.