1072 Weaver Dr, Oviedo, FL 32765
3 beds · 2 baths · 1,453 sqft
Under contract-accepting backup offers. Located in the highly sought-after Alafaya Woods neighborhood, this move in ready POOL HOME is waiting for your personal touches to make it truly yours. Recent updates include a whole home repainting and brand new LVP flooring in March of 2025! The roof is 2016 and HVAC was replaced in 2020. Vaulted ceilings, wood burning fireplace, expansive sliding doors to the pool are just a few of the features this home has to offer. The yard is fully fenced and has a large storage shed as well. Offering the perfect blend of convenience, community, and top-tier education. Zoned for Seminole County’s coveted “A” rated schools—Oviedo High, Chiles Middle, and Stenstrom Elementary—this home is just minutes from everything Oviedo has to offer. Enjoy easy access to major roadways like 434 and 417, placing you within reach of UCF, Siemens, Research Park, and the Lake Mary business district, with Downtown Orlando only a 20-minute drive away. The home itself is situated in one of Oviedo’s most popular neighborhoods, featuring parks, sports courts, scenic walking paths, and a tranquil pond with a fountain, all while benefiting from a very low HOA. Just 10 minutes from the University of Central Florida and a short drive to the vibrant Oviedo on the Park, this location offers endless shopping, dining, and entertainment options..make this home yours today!
Source: STELLAR #O6288411
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6288411
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.
