11815 Acorn Woods Ter, Lakewood Ranch, FL 34202
3 beds · 2 baths · 1,664 sqft sqft
Welcome to your dream home in the highly sought-after Summerfield Village community of Lakewood Ranch! This stunning 3-bedroom, 2-bathroom residence boasts an open and airy floor plan with vaulted ceilings, perfect for entertaining and everyday living. The spacious kitchen features solid surface counters, stainless steel appliances, and ample cabinetry, making meal prep a breeze. The master suite offers a walk-in closet and ensuite bathroom with dual vanities, perfect for ultimate relaxation. Additional bedrooms provide ample space for family or guests, with plenty of natural light and built-in closets for storage. Enjoy the comfort of central air and heating, and the warmth of the cozy living room with a large window. Unwind in the serene backyard oasis, complete with a pool and a wooded view, perfect for relaxation and entertainment. The rear porch is ideal for al fresco dining, and the private patio is perfect for morning coffee. This beautiful Lakewood Ranch home offers a prime location, just one mile from Fresh Market and Publix, and is situated in a cul-de-sac for added privacy. The recently renovated landscaping adds to the home's curb appeal, and the tile flooring throughout makes for easy maintenance. With its split floor plan, great schools, and tranquil atmosphere, this house is the perfect place to call home. Don't miss the opportunity to make this house your forever home! Roof replaced in 2021 and HVAC replaced in 2017.
Source: STELLAR #a4620767
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4620767
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: #a4620767