100 Laurel Oak Pass, Davenport, FL 33837
2 beds · 2 baths · 1,792 sqft
Get a free consultation call with an expert in the mortgage assumption process.
High Vista's favorite floor plan, this Corner Lot RidgeDale 2/2/Den with preferred Bay Window Elevation has Wood & Tile Floors, Custom Vinyl Interior Plantation Shutters, newer Stainless-Steel Kitchen appliances, newer HVAC and a 300+ SqFT Screened Lanai, located 0.3 miles from the High Vista private clubhouse and amenity center. Expanded brick paver drive and walkway to an under-roof front entry with leaded-glass front door & sidelight, full-view storm door with built-in retractable screen and overhead domed transom window. Central living area has 12FT ceiling and a wall of patio doors to the west-facing screened lanai. Double door access to den from great room. Eat-in kitchen has vaulted ceiling, crown molded cabinets with copper hardware, oversized synthetic stone double sink with goose-neck spray faucet, tile backsplash, solid surface breakfast bar, counter tops and built in desk. Primary en suite bedroom has cathedral ceiling, 6x6 walk-in closet, updated lighting over double sink vanity with brushed nickel faucets, linen closet, soaking tub and separate shower. Guest bedroom has nearby full bath and linen closet. Shiplap accent wall in great room alcove and color-coordinated switch plates. Updated ceiling fans, light fixtures, faucets, smoke detectors and toilets. Corridor access laundry room has deep stainless-steel utility sink with corner mounted spray faucet, washer, dryer and storage closet. Bull nose corners, chair rail in dining room, bevel-edged laminate counter tops in both baths, daylight privacy film on window interiors. Irrigation controller replaced 2024. Interior painted 2021. HVAC with WiFi thermostat installed 1/2021 by prior owner. Roof replaced 2016. 2-car garage has 2FT extension, 4 stand-alone storage cabinets, pull down ladder access to attic where window screens are stored. Custom cement landscape curbing. RESERVED: chest freezer in kitchen. Sold As-Is. Ridgewood Lakes is a golf cart friendly community. $230 monthly High Vista HOA fee includes Spectrum internet and basic cable TV with 2 cable boxes, lawn mowing and exclusive access to resident-owned 12,000 SF private clubhouse and amenities. $425 semi-annual Ridgewood Lakes HOA fee provides 24x7 staffed security gate and master association-owned private road maintenance. Adjacent to 18-hole White Heron Golf Club with restaurant, privately owned and open to the public. High Vista is a 55+ community with outdoor heated pool and spa, fitness center, library, pub & many organized activities. Pickle ball, tennis, bocce and shuffleboard courts. Miles of biking and walking trails within Ridgewood Lakes gated community. Shopping, Disney, Universal, Orlando & Central FL entertainment nearby, easy access to I-4, medical facilities, airports & Sunrail Station. Advent Health hospital is 3 miles away.
Source: STELLAR #S5102728
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5102728
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.