11276 Amber Ridge Dr, Zellwood, FL 32798
4 beds · 2 baths · 1,846 sqft
Are you ready to discover your home to be? This beautiful four-bedroom, two-bathroom residence, constructed in 2021, is situated on a spacious corner lot of just over a quarter-acre, providing ample outdoor space for your enjoyment. As you approach the home, you are greeted by charming stone accents and a covered entryway. Step inside to discover an open floor plan that boasts high ceilings and elegant laminate flooring throughout the main living areas. The kitchen is a culinary delight, featuring stainless steel appliances, a breakfast bar, natural granite countertops, pantry, decorative backsplash, and modern black hardware offsetting the white cabinetry. Enjoy dining in the dining area or unwind in the inviting living room, which seamlessly connects to the kitchen, making it ideal for entertaining guests. The primary bedroom serves as a private retreat, complete with an ensuite bathroom that includes dual sinks, granite countertops, shower, and two walk-in closets equipped with an upgraded closet system. Additionally, the three generously sized bedrooms provide ample space for all your needs. A dedicated laundry room adds to the home's convenience with built-in cabinet and shelving. The home has been upgraded with a water softener and water filtration system enhancing the quality of the water. Step outside to the covered patio, which overlooks the backyard—an ideal setting for outdoor relaxation. A brand new, tan, vinyl fence with two gates is being installed in April adding to the privacy of the yard. Residents can also take advantage of community amenities, including a large pool for recreational fun and a fenced playground for the little ones to have some fun. Conveniently located off Ponkan and near the 429 connector, this home is in close proximity to shopping and dining options. Wyld Oaks is a new expansion development slated to come to the area bringing more options such as a town center, health medical village, retail, and hotel. The surrounding area also features state parks with natural springs, offering opportunities to discover trails, kayaking, and swimming. Don’t miss your chance to make this your home sweet home!
Source: STELLAR #O6295014
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: STELLAR #O6295014
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.