1073 Vinsetta Cir, Winter Garden, FL 34787
4 beds · 4 baths · 3,568 sqft sqft
Dare to dream of this 4/3.5 Winter Garden turn-key single family home in the exclusive community of Avalon Reserve. High ceilings with an open floor plan, new carpets, freshly painted, natural gas appliances, granite countertops, walk-in closets, energy efficient attic vapor barrier, are some of the many interior features. The exterior includes a front porch, an oversized screened in lanai and a tandem 3 car garage. The backyard overlooks a serene wooded oasis that gives you a feel of privacy and peace. The highlight of the property is the layout of the home that is perfect for growing families. The first level master bedroom and family room can be for parents wanting to have their own space, while the second floor can be a haven for the children with the extra family room and three bedrooms, also open to add to an already expansive upper level. Situated in an established neighborhood with a walking trail, pond with a fountain, and a playground for the children. Location, location, location. This home is close proximity to all Orlando theme parks, city of Orlando, downtown Winter Garden, Hamlin, shopping, expressways and more. If you enjoy the water John's Lake is just a stones throw away. Perfect for boating, fishing, or a day on the water enjoying the Florida sun. Welcome to a cozy, quiet environment you now call home.
Source: STELLAR #p4930706
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #p4930706
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: #p4930706
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.