1062 Hermosa Way, Kissimmee, FL 34744
4 beds · 3 baths · 2,153 sqft
FULLY FURNISHED GATED COMMUNITY HOME!!! Are you looking for the perfect home at the perfect location??? Then look no further! 1062 Hermosa Way is the perfect home for you! This beautifully kept SOLAR powered 4 bedroom 2.5 bathroom home, just hit the market and is ready for its next owner! Beautiful cool toned colors catch your eye as you arrive at the property, giving the exterior a modern flare and has a simple clean curb appeal. Ceiling was updated 2 years ago. Water purifier and softener convey with purchase. Upon entry, you are welcome with a cozy living room and a grand renovated glass staircase. As you enter the kitchen and family room combo area, high cathedral ceilings allow light and air all over the space. You wouldn’t believe this home is just under 2200 sqft with how bright and airy the home feels. The kitchen includes an island, stone countertop, and breakfast bar. Perfect for spending time with family or hosting with guests. Beyond the glass sliding doors leads you to the oversized backyard! Fully fenced, covered patio and plenty of yard space to create your own outdoor oasis. The second level of the home, hosts 4 bedrooms and 2 full bathrooms! The primary bedroom is generously sized and features an ensuite with a garden tub, walk-in shower, and a dual sink vanity. This home is primely located in the heart of Kissimmee, FL near major roads such as FL Turnpike and HWY 192. and shopping/dining. Just 20 minutes away from the happiest place on earth Disney World Theme Park and Resorts & Disney Springs. Also minutes from the amazing Remington Golf Club and East Lake Tohopekaliga. Community pool, playgrounds, and walking trails throughout the community provide amazing lake and tree views. This home has the best of both worlds, a beautiful home & spectacular location.
Source: STELLAR #s5100853
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5100853
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: #s5100853
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.