1016 Wolf Trl, Casselberry, FL 32707
3 beds · 2 baths · 1,000 sqft
Charming Farmhouse-Style Home with Modern Updates and Prime Location Discover this cozy 3-bedroom, 1.5-bathroom farmhouse-style home, perfectly situated in a prime location with unbeatable convenience. Whether you're seeking relaxation, entertainment, or day-to-day necessities, everything you need is just a stone's throw away. Prime Location: * Restaurants, Grocery, and Shopping: Enjoy the convenience of having a variety of dining options, grocery stores, and shopping centers all within a mile from your doorstep. * Recreation and Leisure: Stay active with nearby recreational facilities, or unwind in your beautiful backyard and on the serene back porch—perfect for hosting friends and family. * Essential Services: Banks, personal services, and healthcare facilities are all located within close proximity, making daily errands a breeze. * Easy Accessibility: Close to major roads, this home offers easy access for commuting or exploring the area. Modern Updates: * Electrical Upgrades: The property features recently completed electrical work, including a new outdoor electric panel and an updated indoor electric panel, ensuring safety and reliability. * Plumbing Inspection: Rest easy knowing the plumbing has been recently inspected by a professional. * New Appliances: The home comes equipped with a brand-new water heater, refrigerator, washer, and dryer. Additionally, there's an extra refrigerator conveniently located in the garage. Charming Outdoor Space: * Back Porch & Yard: Enjoy a relaxing retreat on your lovely back porch overlooking the beautifully landscaped backyard, ideal for both quiet moments and lively gatherings. This well-maintained home is not just a place to live—it's a lifestyle. Experience comfort, convenience, and charm all in one. Don't miss out on this rare opportunity to own a home that truly has it all.
Source: STELLAR #o6236246
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6236246
Source: Public records
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #o6236246
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.