Looking for space, a large corner lot, you just found it! 5-bed house? Step inside to formal living and dining spaces that lead back to a bright kitchen, pantry, and plenty of cabinet space. It opens right up to the family room, which features surround sound that carries out to the patio and owner's suite. Downstairs also includes a convenient bedroom that easily doubles as a home office. Upstairs, you'll find four more bedrooms. The owner's suite is a great size--plenty of room for a cozy sitting area--and comes with dual sinks and a large closet. Even better? The other three upstairs bedrooms all have their own walk-in closets, too. Outside, the backyard is a blank canvas with endless design possibilities. Bring your imagination and make this home your own!
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 $41,972. 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.