1036 Enclave Lake Blvd, Auburndale, FL 33823
4 beds · 3 baths · 2,466 sqft sqft
Why wait for a New Home to be built, and you have to add all the extra's on the sales price? When you have a beautiful Ready to Move in Home with all the extra's included!!!! Step into Luxury!! Come check out this stunning Rockingham II, "4" BEDROOM, "3" BATH home in a Gated Community. Take an evening stroll through the end of the cul-de-sac and watch the Sun Go Down over the Lake. Community offers access to Lake Arietta. Take a stroll into this beautifully decorated Home and you will feel like you're already home. Kitchen has an Open Bar to enjoy your time with family and friends. Stainless-steel appliances. Has adjoining mudroom with pantry. Vaulted ceilings. A large Dinette for your morning coffee. Has a Formal Dining room to entertain with. Great Room leads out the open Lanai overlooking a large back yard. Retreat to the Luxurious Owner's Suite, secluded from the other bedrooms for privacy and relaxation, a beautiful spa-like-ensuite bathroom, featuring double vanities, a walk-in shower and a generously sized walk-in closet. Conveniently located just a few miles from I-4, and the Parkway. Come check out downtown Auburndale, which has restaurants, stores, playground. This home needs to be seen to fully appreciate. Call today for a private showing!!!
Source: STELLAR #p4931359
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #p4931359
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: #p4931359
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.