1226 N Platte Ct, Kissimmee, FL 34759
3 beds · 2 baths · 1,512 sqft
One or more photo(s) has been virtually staged. Discover the BEST VALUE in Poinciana! TAKE ADVANTAGE of a rare opportunity with a ***3.75 INTEREST RATE*** available on an ASSUMABLE MORTGAGE—call for details/qualifications. Up to *****$8,397 SELLER CONCESSIONS***** towards buyers closing costs or rate buy-down with full price offer. LIKE NEW, this meticulously maintained home offers NEW PAINT (interior & exterior) and NEW CARPET throughout the home. The Entire Home has been PROFESSIONALLY CLEANED & PRESSURE WASHED as well as the Driveway, Sidewalk & patio. Enjoy the latest in comfort with a BRAND-NEW AC COMPRESSOR WITH 10 YEAR WARRANTY. For those with allergies, the HVAC system features a UV LIGHT for air sanitation & purification, and recently CLEANED AIR DUCTS throughout ensuring a healthy indoor environment. Additional features include a NEW GARBAGE DISPOSAL and RAIN GUTTERS for your added convenience. This “LIKE NEW” property exemplifies meticulous upkeep and is ready to welcome its new owners. The low HOA fee covers Internet and Cable TV. Enjoy all that Poinciana has to offer including Gym and Aquatic Center, Community Pool, APV Fitness Center, Parks, Basketball, Baseball fields, Running Track, Dog Park, etc. Enjoy the convenience of The NEW “Poinciana Lakes Plaza” offering 250,000 SF + 6 future Outparcels of Retail and Dining options including Sprouts Farmers Market, Ulta Beauty, Petco, TJMaxx, Ross, Burlington, Rack Room Shoes, Crunch Fitness, Kiddie Academy, Outback Steakhouse, First Watch, Five Guys, Coldstone, Bar Burrito and More.
Source: STELLAR #s5113996
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5113996
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: #s5113996
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.