1280 Denali Dr, Winter Haven, FL 33881
3 beds · 3 baths · 2,566 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This gorgeous 3/2.5, two story home in the Lake Lucerne II community, backs up to conservation land. Centrally located, it offers easy access to Orlando and Tampa, is close to shopping, and only .8 miles from the golf course. Have your morning coffee on the back porch looking out at the water of the land behind you. With this home being built in January of 2024 you get all the confidence of a new home with the added upgrades the homeowner made. Some of these include vinyl fences down the side and a metal fence across the back so as not to block the lovely view, a whole home water filtration system and security system. They had luxury vinyl flooring put throughout the home except the stairs, which have carpet, and the bathrooms and laundry room, which are tiled. The home has an open floorplan downstairs. The foyer is lovely with the added wall detail, storage under the stairs and a half bath. In the living room an electric fireplace was built it adding charm. The kitchen has beautiful cabinets, stone countertops, a pantry, an island with bar seating and upgraded stainless steel appliances. Downstairs there is also a bonus room that can be used as an office or additional bedroom and a 2-car garage. Upstairs you will find a large loft perfect for a family room, playroom or could be converted to a 4th bedroom. The master bedroom has plenty of space for a king bed and several dressers. The master closet was custom built for plenty of storage and the master bath has a walk-in shower, dual sinks and a linen closet. There are 2 additional bedrooms, a bathroom with tub/shower, vanity sink and a nice laundry room with sink. In the garage you will find room for two cars, storage space and a hybrid heat pump water heater. It heats your water and cools your garage. The community has no CDD and the HOA is only $71.33 a month. Enjoy the club house after a long day with its relaxing 2 pools and a playground. Schedule your appointment to see the home for yourself!
Source: STELLAR #L4952256
Learn about how it works
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
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #L4952256
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.
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.
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.
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.
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.