**3.25% interest rate. Yes, you read that right.** While today's buyers are staring at much higher rates, this home comes with something you don't see every day: **An assumable FHA loan at 3.25%.** Subject to approval, of course. But if you qualify? That rate could make a serious difference in your monthly payment. And the home? We could give you the usual list of features. But that's not why people remember this one. They walk in. They hit the kitchen island. And suddenly nobody's asking about square footage. Built in 2020. Gated. Private courtyard out front. And upstairs? **We're not spoiling that part.** Step outside and you've got the pool, lake, walking paths and pickleball. Even better? The HOA handles the roof, grounds and front yard. Less maintenance. More time enjoying where you live. But the 3.25% assumable rate is the part that should get your attention. Because homes come and go. Rates like this don't show up often. Come see what else we left out. Loan assumption is subject to lender approval, buyer qualification and applicable terms.
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 $430,057. 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.