1076 Quaker Ridge Ln, Davenport, FL 33896
3 beds · 2 baths · 1,394 sqft
Your Staycation is Available with a 3.5 Assumable Mortgage Why not buy your new home with no inconvenience. Very low interest rate at 3.5 Assumable Loan. Treat yourself to this luxury lifestyle, and stake your spot in the heart of the #1 travel destination in the World. LIVE the Resort Lifestyle in Well-Known Champions Gate Florida. WOW! ** FULL GOLF ChampionsGate Country Club AND TENNIS MEMBERSHIP INCLUDED IN HOA! ** Beautiful open concept, Single Story (NO STAIRS to climb) - 2 Bedroom / 2 Full Bathroom Villa. Heated Area: 1,394 Square Feet with Screened in Lanai and 1 Car Garage - Total Area: 1,770 SqFt ** Truly A Golf and Tennis Lovers Paradise with many amenities to enjoy and entertain yourself and your guests. HOA Community offers Restaurants, Movie Theater, Fitness Center, Game Room, Tiki Bar, Lazy River, Amusement Pools, Water Slides, Cabanas, Bar, Tennis & Pickleball Courts, and pools. Golf Carts can be driven on roadways throughout the community. You'll enjoy a worry-free lifestyle, as the HOA includes cable TV, internet, complete lawn service, exterior pest control, irrigation system, double-secured gated access, exterior building maintenance, and roof. As you enter your new security-guard gated community, you’ll be surrounded by World-Class golf courses throughout; where you can immerse yourself in unlimited daily golf, tennis, and entertainment. As you enter your new single-story \ one floor-level (no climbing stairs) townhome, you’ll be greeted with a desirable open-concept, split floor plan with 2 bedrooms, 2 full bathrooms, an additional flex room \ den that can be used as an office or easily be converted into a third bedroom, an open and spacious kitchen, living room, and dining room combo, inside laundry room, and screened in covered lanai, providing ample space for relaxation and entertainment. Walking distance to a private community pool and an outdoor gym \ tot lot. There are three club houses available to use, the water park, the amazing Oasis Club and the Plaza. The Oasis has a splash pool for the little ones, a lazy river, and quiet pool for adults with tiki bar, private in-door cabanas, Jacuzzi, a restaurant, a fitness center, 7 tennis courts, playground, sand volleyball, private party rooms, game room, movie theater and office center. The Plaza has two pools, a restaurant, fitness center, pickle ball court, sauna and showers. HOA includes internet, cable, alarm system, 24 hour guarded gates, landscaping, exterior pest control, irrigation system, exterior painting, roof maintenance and a $75.00 monthly food credit at The Plaza. Short drive to a variety of shopping and restaurants, as well as the world-famous Disney World Parks, and major highways. A Must See! Call to schedule an appointment today! You'll love it!
Source: STELLAR #o6197286
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6197286
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: #o6197286
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.