1308 Majestic Oak Dr, Apopka, FL 32712
3 beds · 3 baths · 2,173 sqft
Under contract-accepting backup offers. Welcome to your dream home nestled in the prestigious Sweetwater Country Club community! This impressive 3-bedroom, 3 full bath gem offers the perfect blend of comfort and style. Stepping inside, you discover the Formal Living and Dining rooms, a super spacious Family Room, which shares a double sided wood burning fireplace with the Living Room, along with a dinette/breakfast next to the Kitchen. The Kitchen features granite countertops and sleek stainless steel appliances along with a backspash and tile flooring that provides that amazing Tuscan feel. The seamless blend of tile and wood flooring throughout adds a touch of sophistication while offering low-maintenance living—no carpet anywhere! Enjoy peace of mind with a brand-new roof less than a year old and an HVAC system only four years old. The oversized two-car garage provides ample space for vehicles and storage needs. Escape to your private outside space on the covered and screened-in back patio, ideal for savoring morning coffee or hosting evening gatherings amid the tranquility of a lush, tree-covered backyard. Location is everything, and this home delivers! You're just minutes away from the natural beauty of Wekiva Springs State Park, premier golfing at Sweetwater Country Club, and all the exceptional amenities that Sweetwater Oaks has to offer. Don't miss this rare opportunity to own a slice of paradise in one of the area's most sought-after neighborhoods. Schedule your private showing today and experience the lifestyle you deserve! Don't forget to click on the virtual tour button to take the 3D Virtual Walk Through.
Source: STELLAR #o6235782
Source: STELLAR #o6235782
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: #o6235782