111 Klein Ct, Lakeland, FL 33813
3 beds · 2 baths · 984 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome Home and a half acre to spread out! THIS IS NOT A MOBILE HOME. NO HOA! Sought after South Lakeland Zip Code. You just about cant find a home on a half acre that is affordable, so don't miss your chance! Perfect starter home, home to downsize to or property to add to your private rental portfolio. This is a 3 bedroom 2 full bath single family home on a crawlspace. The roof shingles were replaced in 2018, the AC condenser was replaced in 2015, Water Heater in 2024 and the Septic drain field replaced March 2025. The current owners replaced the kitchen cabinets and counter tops to granite a few years ago. They also replaced the bedroom carpets and converted the master bathtub to a standing shower since they purchased in 2018. The square footage number may be small however the home feels bigger than it is once inside. The property is just under a half acre and the back yard is fenced with access gates. The front has side fencing so adding a fence and a gate to the front could be done to have the entire yard for the animals to roam. This property is minutes from Eagle Brook Golf Course for the golfer and minutes from "Carter Road Park" for the soccer enthusiast, baseball player, mountain biker or those who wish to head to the playground or dog park. This is truly a gem of a property and hard to find these days. Don't wait, call your agent for a showing and start building your own equity today!
Source: STELLAR #L4951071
Source: STELLAR #L4951071
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.