12348 Hammock Pointe Cir, Clermont, FL 34711
4 beds · 3 baths · 2,794 sqft
Welcome to your dream home in the rolling hills of Clermont, Florida! This stunning single-story residence offers nearly 2,800 square feet of living space, designed with both style and functionality in mind. Step inside to discover a warm and inviting open-concept layout that seamlessly connects the massive family room, kitchen, and dining area—perfect for entertaining or simply enjoying family time. The kitchen is a chef’s delight, featuring expansive countertops, 42-inch cabinets, granite surfaces, a breakfast bar, and stainless steel appliances, including a gas range. The home offers four spacious bedrooms and three full baths, providing ample space for everyone. The primary suite is a true retreat, boasting two generous walk-in closets and an en suite bath with dual sinks, a walk-in shower, and a luxurious garden tub for ultimate relaxation. Bedrooms two and three share a convenient Jack and Jill bath, while the fourth bedroom is perfectly situated near the third bath, making it ideal for guests. Additional highlights include a formal dining space that can easily be transformed into a flex room, a front office with french doors for privacy, and beautiful tile flooring throughout the entire home, except for the cozy, carpeted bedrooms. Enjoy outdoor living on the covered lanai, perfect for sipping morning coffee or hosting summer barbecues. With a three-car garage, you'll have plenty of room for vehicles, storage, and hobbies. Enjoy the community pool during those hot Florida days or watch the littles enjoying the community playground. This home is not only beautiful but also ideally located close to Clermont’s chain of lakes, major highways, top-rated schools, theme parks, shopping, dining, and entertainment! This home truly has everything you could ever want or need—don’t miss your chance to make it yours!
Source: STELLAR #o6235003
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6235003
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: #o6235003
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.