1034 Featherstone Cir, Ocoee, FL 34761
5 beds · 3 baths · 2,331 sqft
Welcome to this stunning home in Ocoee! This 5-bedroom, 3-bathroom, 2,331 sq ft pool home is designed for both elegance and comfort. As you approach, you’ll be greeted by a large, manicured front lawn and a spacious driveway, while the expansive front-facing windows provide a sense of warmth and welcome for your guests. Step inside, and you’ll immediately notice the high ceilings and thoughtfully designed layout, with a formal dining room and home office flanking the entrance. These spaces offer the perfect setting for hosting dinners or conducting business meetings in the comfort of your own home. The kitchen is a chef’s dream, equipped with stainless steel appliances, ample storage, and a convenient breakfast bar. Overlooking the family room, the kitchen ensures you never miss a moment while preparing meals. The family room itself is a cozy retreat, complete with a fireplace—ideal for enjoying quiet evenings with loved ones. The primary bedroom is generously sized, offering a peaceful escape with its large walk-in closet and luxurious and updated en suite bathroom. You’ll love the dual vanities for added convenience, and the spacious soaking tub provides the perfect place to unwind after a long day. Each of the additional bedrooms is designed to offer plenty of storage, natural light, and comfort, ensuring everyone feels right at home. The true star of this property is the stunning screened lanai, featuring a resort-style pool and spa. Whether you're dining al fresco under the covered patio, taking a refreshing dip in the pool, or soaking up the Florida sunshine, the options are limitless. For added convenience, an additional bathroom opens directly to the lanai, making pool clean-up easy and keeping the indoor space pristine. The backyard is spacious and perfect for little ones or four-legged friends to play freely. Located near the 429, Florida Turnpike, and the 408, this home offers easy access to all of Central Florida, making theme park visits, commutes, and family trips a breeze. Close to fantastic shopping, dining, and top-rated schools, everything you need is right at your fingertips. Don’t wait—schedule your private showing today and experience this beautiful pool home for yourself!
Source: STELLAR #O6296332
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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
Source: STELLAR #O6296332
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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 “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.
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 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 of Equal Opportunity Act.