1242 Lassen St, Haines City, FL 33844
4 beds · 2 baths · 1,939 sqft sqft
This home can be purchased with an assumable mortgage with an interest rate of only 3.25. This beautiful one story home features four bedrooms and two bathrooms. The exterior is well-maintained, with an inviting entryway that leads into a bright and airy interior. The neutral tones and hardwood-style ceramic flooring create a warm and welcoming atmosphere throughout the home. The open concept layout is designed to maximize the abundant natural light, allowing it to flow seamlessly from the living area to the dining space. The kitchen boasts beautiful quartz countertops, walk in pantry, abundant counter space, a kitchen island and beautiful lighting. perfect for the home chef. An elegant chandelier illuminates the dining area, adding a touch of sophistication. The primary bedroom is a serene retreat, with a neutral color palette and a ceiling fan for added comfort. The en-suite bathroom features a walk-in shower and a spacious walk-in closet. The remaining three bedrooms are also generously sized, providing ample space for guests or a growing household. The backyard is a true oasis, with a patio area and a spacious lawn. The property is meticulously and lovingly maintained, with features like a vinyl fence, rain gutters, and an in-wall pest control system, ensuring a worry-free living experience. This home is ideal for those seeking a bright, modern, and elegant living space with a focus on functionality and comfort. The garage floor has epoxy coating. The property's design and features make it a must-see for any discerning homebuyer.
Source: STELLAR #o6225636
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6225636
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: #o6225636
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.