11405 Lake Tree Ct, Clermont, FL 34711
3 beds · 2 baths · 1,973 sqft
Situated on a quiet cul-de-sac with an elevated position, this charming bungalow offers breathtaking views of Lake Clair from its expansive front porch—an ideal spot to unwind and take in the serene surroundings. Step inside, and you’ll be welcomed into an open and airy great room, perfect for everyday living and entertaining. The heart of the home is the living room, featuring custom architectural shelving and flowing seamlessly into the kitchen. With abundant cabinetry, ample counter space, and a large breakfast bar finished with elegant wainscoting, this kitchen is both stylish and practical. The adjoining Bay Window Breakfast Nook is a cozy and light-filled spot to start your mornings. For formal meals or hosting, the dining room offers lovely views of the cul-de-sac and lake, adding a touch of sophistication to your gatherings. Meanwhile, the den/office, just off the foyer, is a flexible space enclosed with glass French doors for privacy when needed. The master suite is your private retreat, featuring a relaxing sitting area with French door access to the lanai. The luxurious ensuite bath includes a double vanity, soaking tub, separate shower with dual showerheads, and a spacious walk-in closet. Two additional bedrooms are situated on the opposite side of the home, providing privacy and comfort. They share a full bath that conveniently opens onto the lanai. The lanai itself is a true gem—screened and covered, it offers an exceptional outdoor living space that lets you enjoy the Florida lifestyle in any weather. Located just minutes from the revitalized Downtown Clermont and the picturesque Clermont Chain of Lakes, this home offers charm, comfort, and convenience in one perfect package. Don’t miss the opportunity to make it yours!
Source: STELLAR #o6262669
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6262669
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: #o6262669
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.