10 Orange Blossom Dr, Eustis, FL 32726
2 beds · 2 baths · 1,554 sqft sqft
Be sure to click the links for the 3D Virtual tour and Custom Video! Step into this move-in-ready mid-century gem nestled in the sought-after landscaped neighborhood of Townhill that is so very close to the charming Mount Dora, Florida. The open, airy floor plan and warm, neutral tones create a calming ambiance, bathed in sunlight from the home's large, expansive windows. Picture yourself entertaining in style – a sleek, minimalist furniture arrangement defines the living space. A spacious 12 x 20 Florida room extends your living area, perfect for lounging with a good book or enjoying a work-from-home setup. Oversized rooms offer plenty of space for rest and relaxation after a long day. Outdoors, unwind in your private, fenced backyard oasis. A secluded hot tub, discreetly tucked away off the primary bathroom, adds a touch of modern luxury. This home boasts updates that respect its mid-century charm: new windows, seamless gutters, and an updated water heater. Fresh tiling, modern plumbing, and plush new carpet in the master bedroom complete this mid-century modern dream. Nestled amongst rolling hills and shimmering lakes, Mount Dora exudes small-town charm with its quaint shops, delightful restaurants, lively festivals, and stunning natural beauty. Stroll along picturesque streets lined with antique stores, savor delicious local flavors, or enjoy a scenic boat tour – Mount Dora offers a perfect blend of relaxation and vibrant living.
Source: STELLAR #o6203620
Source: STELLAR #o6203620
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6203620