11843 PULITZER PL, Orlando, FL 32832
Location, location, location! Check out this fantastic three-bedroom, two-and half bath townhome in the vibrant Lake Nona area in the highly sought-after Storey Park community. This end unit townhome is a modern smart home with advance technology, including smart thermostats and lighting. This home features a beautifully designed kitchen with quartz countertops and a large walk-in pantry, accompanied by an eat-in kitchen area. The well-thought-out floor plan offers space for an office or playroom, lots of flex room, and all bedrooms situated on the second floor for added privacy. Additionally, this home has a spacious paver courtyard and a two-car garage. Conveniently located just a short distance from the middle school and several parks, the community provides an array of amenities including two resort style swimming pools, two fitness centers, two clubhouses, walking trails, playgrounds, parks, and dog parks. This neighborhood is zoned for A-rated schools, including the brand-new Innovation High School. The HOA covers landscaping, the roof, cable, internet, and all of these amazing amenities, making it a low-maintenance way to live. This is an amazing community where you can grow, live, and enjoy life. Schedule your tour today to experience it all!
You may be able to put down less than the total down payment amount of $180,794 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: #o6226698