11868 Pulitzer Pl, Orlando, FL 32832
4 beds · 3 baths · 1,992 sqft
Seller may consider buyer concessions if made in an offer • Welcome to Storey Park in the heart of beautiful Lake Nona and this 4-bedroom, 2.5-bath townhome BUILT IN 2019 with a MAIN FLOOR PRIMARY SUITE • OPEN CONCEPT LIVING • COVERED/FENCED PATIO • 2-CAR REAR FACING GARAGE • and a comfortable FLEX SPACE at the top of the stairs! A covered front porch and stylish glass inset front door welcome you into light and bright open living and dining areas and a modern kitchen any home chef will love. The chic color palette delivers desirable shaker style cabinetry paired with sleek countertops, a subway tile backsplash, STAINLESS STEEL APPLIANCES and bar seating on the large island allows you to casually gather with family or entertain friends with ease. Before heading upstairs explore the spacious owner’s suite complete with a private en-suite bath and WALK-IN CLOSET. Three more bedrooms upstairs alongside a flexible loft space give you versatile options for room to grow. A generous fully fenced PAVER PATIO and covered lanai connects the main home to the rear facing garage and you are just around the corner from Hammock Park for all the green space you could want. Storey Park is a vibrant and active community offering an array of exciting amenities including a resort-style pool, 2 splash pads, clubhouse, restaurant, playground, tennis courts, picnic areas, fitness center, sports fields, walking trails, dog park, campground, and numerous parks – plus internet & cable! Zoned for sought after A-RATED SCHOOLS with easy access to 417, 528, 408, Lake Nona Medical City, Moss Park, the Orlando Int'l Airport, and all that Central Florida has to offer! LOW MAINTENANCE LIVING never looked so good, call today for more information and schedule your showing!
Source: STELLAR #O6272797
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: STELLAR #O6272797
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “Save search” 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 620, 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.
