RARE ASSUMABLE LOAN OPPORTUNITY!!!!
Why pay today's high interest rates when you can assume this VA loan with no setbacks??
For those of you who are curious how this works, I'll break it down for you. For this particular loan, the seller owes a balance of $320,986.29 at a 2.75% interest rate. The monthly payment is $1614.25 and the remaining life of the loan is approximately 25 years instead of 30!!
However, for you to assume this loan you'd still have to qualify through Veterans United, pay the difference between the purchase price and the mortgage balance above which would be about 65k-70k and NO you don't have to be a VET or active military personnel and the good news is the current seller no longer needs their VA entitlement so that opens the door for any regular buyers!!
2,117 Sq Ft
Other
Built in 2021
MLS/Listing ID 973779
1 Stories
Parking - Garage
Microwave
Refrigerator