ASSUMABLE LOAN 5.375% *Seller willing to CONTRIBUTE TOWARD BUYERS CLOSING COSTS w/accepted offer.* Beautiful move in ready corner lot 3-Bed, 2-Bath, 2 car gar. home. Home offers Open Floor Plan in a Great Community! It is perfect for both everyday living & entertaining, w/plenty natural light throughout. Kitchen offers shaker-style cabinets w/abundant storage, a large pantry, granite countertops, & all appl. convey. Split floorplan. Each bedroom is generously sized includes a walk-in closet, providing ample storage space. Large laundry room complete w/newer washer & dryer. Great location-- walking distance to neighborhood park, minutes away from Granada Park w/incredible outdoor amenities--resort-style pool, soccer, sand volleyball courts, ramadas, children's play areas, & more
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 $37,006. 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.