Price Reduced and Better than New! ASSUMABLE FHA loan at 4.99% for the remainder of the 30 year loan. This beautiful 4 bedroom/2 bath Smart home has upgrades throughout. White shaker cabinets, 18X18 inch tile through the main living areas, upgraded carpet in bedrooms. Gourmet kitchen has stainless steel appliances, range/oven, microwave and dishwasher, large sink with upgraded faucet. The subway backsplash is gorgeous. Solar shade sunscreens on all windows along with window tint. Home has a Hyro-quad whole house water softener, with a fabulous low maintenance turf/plants front yard. Don't miss this one, it is calling you home.
Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.
You need to cover the seller's equity of $8,928. If you don't have that in cash, we can help structure secondary financing to cover the gap.
No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.
Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.
Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.
P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.
Asking price minus remaining loan balance. Closing costs are additional.
The equity gap is covered. Closing costs and assumption fees still need to be confirmed.