111 N Riverside DrSaratoga Springs, UT 84045

?? TWIN HOME FOR SALE – FHA LOAN ASSUMPTION AT 5.25%!

Looking for a great opportunity to become a homeowner? We’re offering our twin home for $379,070, with the option to assume our existing FHA mortgage at an attractive 5.25% interest rate!

?? Home Details

• 3 bedrooms
• 2.5 bathrooms
• Approximately 1,400 square feet

?? Mortgage Details

• Asking price: $379,070
• Current unpaid principal balance: $379,069.91
• Existing interest rate: 5.25%
• Current monthly mortgage payment: $2,526.30
• Monthly payment includes property taxes and homeowners insurance through escrow.
• No second mortgage!

Loan Assumption Information:

The buyer will need to qualify for the existing FHA loan through Utah Housing Corporation (UHC), including meeting their income and underwriting requirements.

• Application completed directly through UHC.
• Buyer is responsible for the $1,800 loan assumption fee.
• Additional fees include credit report, employment verification, recording, title endorsement, and title company closing fees.
• These additional fees are estimated at approximately $500–$900, but actual costs will be determined by UHC and the title company.
• Buyer will also be responsible for prepaid homeowners insurance, applicable escrow adjustments, and any other required closing costs.

A FEW IMPORTANT THINGS:

• No realtors involved!
• We are selling for approximately what we owe, not looking to make a profit.
• Loan assumption and release of seller liability are subject to UHC approval and closing.

We’re simply looking for a qualified buyer who would love to take advantage of this existing 5.25% interest rate while helping us transition out of the home.

Please message us with serious inquiries or questions! ??