11881 DELFINA LN, Orlando, FL 32827
Conveniently located in the heart of Lake Nona! Are you ready for a beautiful home within a Guard gated community, in highly sought after Lake Nona? This beautiful and spacious home is located in Village Walk at Lake Nona this home features, 2 bedrooms and 2 bathrooms, both bedrooms have large walk in closets with built in's. Bathrooms have under cabinet lighting. This home features, Tile and Laminate flooring throughout with 1554 sq. ft. of living space (split bedroom floorplan). Central vacuum AS-IS, Hurricane shutters, Ceiling fans throughout. Lots of storage. Plus an attached 2 car garage with garage door opener. The floorplan is open and spacious. Enjoy your morning coffee or afternoon tea with a relaxing water view from your screened in patio. Community Amenities Galore! Washer and Dyer hookups only. Schedule today to see this beautiful home! Village Walk in Lake Nona features Walking trails, 2 pools, parks, and more. A small Deli, a gas station, connecting bridges and canals, Walking trails, pools, parks. The community also features a fitness center that is accessible 24 hours a day, access to a ballroom that can host large parties. There's a heated lap pool, a resort style pool, 6 tennis courts, playground, and basketball court. This community is beautifully landscaped with lovely paths and trails for walking/running, or biking. Convenient access to Toll Roads like 417 and 528 for easy access to the theme parks such as Disney World, Sea World, Universal Studios, etc. Just minutes from Lake Nona's Medical City, Lake Nona VA Hospital, higher education institutions, Orlando International Airport, some popular attractions such as Boxi Park at Lake Nona, Drive Shack, Shopping and many dining options.
You may be able to put down less than the total down payment amount of $248,966 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: #o6202359