13016 Shady Retreat Loop, Clermont, FL 34711
5 beds · 6 baths · 4,830 sqft
**HUGE PRICE REDUCTION** This luxurious two-story 2021 M/I Home is in the coveted John’s Lake Landing community. Set on the largest lot in the neighborhood, this property combines high-end upgrades and outdoor amenities, creating a perfect lakeside retreat. (To see the full video visit https://media.floridahomephoto.com/13016-Shady-Retreat-Loop/idx or click the link for the virtual tour!) Upon entering, you are welcomed by 8 foot raised panel interior doors that emphasize the home’s grand feel. The open-concept kitchen features a large island with Pietra quartz countertops and solid hardwood cabinets, along with a Samsung Bespoke Refrigerator and a custom butler’s pantry with a built-in GE microwave. For added convenience, the kitchen includes a farmhouse sink, soft-close drawers, and a pot filler, ideal for meal preparation. A GE stainless steel double oven and dishwasher complete the upscale kitchen, which also features a walk-in pantry. The living spaces are adorned with custom light fixtures and indoor and outdoor fans, while the family room features a cozy electric fireplace and 85" Samsung TV. The primary suite is a true haven, with French doors opening to a private balcony overlooking the lake complete with swings and two oversized walk-in closets. The primary bathroom includes a dual sink vanity, a waterfall shower head with four additional MOEN jets, providing a spa-like experience. Each of the five bedrooms features its own walk-in closet, with an en suite bedroom offering stunning lake views. The laundry room is equipped with a Samsung washer and dryer, along with a drop-in sink for convenience. The home also includes comfort-height toilets with new toilet seats throughout. The south-facing backyard features a saltwater pool and spa with a pool heater, surrounded by a panoramic pool cage, offering uninterrupted views. For cozy evenings, the backyard also includes an outdoor stone firepit. A 10-zone irrigation system ensures the lush landscaping remains pristine year-round. The dock includes a 20' boat slip, a double jet ski slip, and has been upgraded with solar lighting along the walkway. The dock is equipped with electric and plumbing, perfect for those who love to spend time on the water. Additional features include a Wasatch floor safe, water filtration system with reverse osmosis, a 24-hour Safetouch Security system covering all entry points, driveway, and dock views, and floodlights at the rear of the house for added security. The home also features UV lighting in the HVAC system, energy-efficient windows, a 240-volt outlet in the garage for high-voltage equipment or an electric vehicle charger. The property includes an expansive 25-car driveway and a 5-car garage, with each garage door built to custom height standards a foot higher than standard garage doors, accommodating large commercial vehicles, boats, or trucks. The landscaping features black rubber mulch, which can last up to 10 years. Home builder's 15-year Structural Warranty is also transferrable! This home offers unparalleled luxury, security, and space, all in the serene John’s Lake Landing community while still being close to major highways, the best schools and restaurants, as well as amazing views of the Disney fireworks every night! Schedule your showing today!
Source: STELLAR #O6249351
Financials
Source: Public records
Source: STELLAR #O6249351
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.