4110 Arlington Ridge Blvd Leesburg, FL 34748
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About this home
Charming 4-Bedroom Home on the 17th Hole in Arlington Ridge – Privacy, Upgrades & Resort-Style Living! Welcome to this unique 4-bedroom, 2-bath home nestled in the highly sought-after 55+ community of Arlington Ridge. Perfectly positioned on the 17th hole, this home offers unmatched privacy with no rear neighbors and serene views of the lush course right from your backyard Step inside to find a beautifully upgraded kitchen featuring soft-close cabinets and drawers, a double oven, and plenty of counter space — perfect for cooking and hosting. Tile floors flow through the main living areas, with newer carpet in all four bedrooms, offering comfort and style throughout. Arlington Ridge offers an incredible lifestyle without mandatory golf membership. Residents enjoy access to Golf course, two swimming pools, fitness center, craft and hobby rooms, pickleball tennis and bocce courts. They also have a full event hall for community gatherings. Call now to set up appointment to show.
Source: STELLAR #O6287135
Loan details
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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.