1141 SAWGRASS POINTE DR, Orlando, FL 32824
In essence, purchasing this home means embracing a lifestyle of ease, luxury, and endless entertainment possibilities, all within a community that caters to your every need. The like-new condition of the interior ensures that you can move in without the need for immediate upgrades or repairs, allowing you to enjoy the luxury and comfort from day one. The gourmet kitchen, equipped with top-of-the-line stainless steel appliances, is not just a space for meal preparation but a hub for entertaining and connecting with loved ones. The additional seating at the island makes it easy to host gatherings, whether it’s a casual brunch or a dinner party, all while showcasing your culinary skills. The master suite offers a level of comfort and relaxation that is hard to find, with ample space for king-sized furniture and a walk-in closet that provides abundant storage for a well-organized lifestyle. The dual vanities, garden tub, and freestanding shower in the master bathroom create a spa-like retreat, adding a touch of daily indulgence to your routine. Beyond the home itself, the large backyard presents the opportunity to create your own private oasis, with enough space to install a private pool, making it ideal for enjoying Florida’s warm climate. The serene pond view adds to the tranquility, giving you a peaceful outdoor setting right in your backyard. The community’s resort-style amenities are another major benefit, offering a lifestyle that feels like a permanent vacation. Whether you’re cooling off in the pool, attending events at the clubhouse, or taking advantage of the numerous recreational facilities like tennis courts and walking trails, there’s always something to enjoy without leaving your neighborhood. The unbeatable location, with quick access to the airport, Disney World, Downtown Orlando, and more, means you’re never far from work, play, or dining, adding convenience to your daily life and increasing the property’s long-term value.
You may be able to put down less than the total down payment amount of $207,671 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6232682
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.