1148 Calloway Cir, Clermont, FL 34711
5 beds · 4 baths · 3,856 sqft
LOCATION LOCATION LOCATION! Discover Legends Golf and Country Club. Fall in love with this stunning HOME on over 1/3 acre with NO REAR NEIGHBORS located in the desirable Bridgestone neighborhood. This estate home offers peace, tranquility and LUXURY living. NEW ROOF installed WITH SOLAR in 2020: the 11.5kW SOLAR PANEL SYSTEM keeps winter electric bills as low as $40/month! Tour this beautifully designed home featuring LUXURY VINYL PLANK flooring (2022) throughout the formal living areas, kitchen and great room. The FRESHLY RENOVATED GOURMET KITCHEN boasts Quartz countertops, white custom cabinets with pullouts, modern glass tile backsplash and STAINLESS appliances-NEW in 2020: GE double ovens, KitchenAid dishwasher, Whirlpool cooktop, Samsung refrigerator and microwave. The open-plan kitchen flows into the GREAT ROOM, perfect for entertaining! Step outside to your SALTWATER POOL with SOLAR HEAT for year-round enjoyment. Pool acid-washed in 2021; patio deck repainted in 2021. The expansive LANAI includes a screened area (rescreened in 2022), and covered porch and accesses an open fenced-in maintenance-free turf play area. The OWNER’S SUITE on the main floor offers two bay windows, a tray ceiling, two walk-in closets, an en-suite garden bath with dual vanities and a PRIVATE STUDY. The split plan includes three additional ground-floor bedrooms: two share a bath; and bedroom 4 is a GUEST SUITE with a dedicated bath which accesses the pool. The upstairs BONUS ROOM/5th BEDROOM has an en-suite bath and a large walk-in closet – PERFECT FOR AN IN-LAW SUITE. The 3-car garage offers EXTRA STORAGE. The laundry room is fully equipped with cabinetry, a wet sink, washer and dryer AND UNDER THE STAIRS STORAGE. New paint in 2022. The exterior of the house was painted 2023. Hybrid water heater and variable speed pool pump new in 2020. Legends Golf and Country Club community features resort-style amenities including pools, spa, fitness center, pickleball, tennis, clubhouse, sauna and a 24-hour guarded gate. HOA fees include internet, phone and fiber-optic cable. Enjoy golfing on the semi-private, par-72 championship course or dine at the on-site restaurant. Just 35 minutes to Disney parks and close to Clermont’s renowned sports and recreation venues. Come live the dream in the City of Champions. This spectacular home is waiting for you!
Source: STELLAR #g5089492
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5089492
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: #g5089492
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.