1332 Monte Ln, Winter Park, FL 32792
3 beds · 2 baths · 2,004 sqft sqft
One or more photo(s) has been virtually staged. This beautiful Winter Park home boasts a split floor plan with three bedrooms, two baths, a Florida room and a den/office/flex space. Thoughtfully designed to offer sanctuary and spaciousness. This quaint and quiet neighborhood is a hidden gem. Step inside and be greeted by spacious, light-filled living and dining rooms, showcasing freshly painted walls and gorgeous wood laminate flooring that exude style and durability. Anchoring the home is a beautifully remodeled kitchen, complete with wood cabinets and stainless appliances. Natural gas is in the neighborhood and ideal for cooking on the gas stove. Water heater is also natural gas! Spanning over 2000 square feet, this residence welcomes you with an airy open floor plan that is flooded with natural light. In addition to three spacious bedrooms, this home also features a large Florida room and a bonus room/flex space, ideal for a home office, game room or home gym. Step outside to discover an expanded 16-by-40-foot screen-enclosed patio that allows you to entertain guests effortlessly and enjoy the Florida sunshine year-round, while overlooking the large fenced yard with attractive landscaping! Conveniently just minutes from Interlachen Country Club, Orlando International Airport, major roads, top-rated schools, shopping and dining. Enjoy the best of Winter Park in an affordable home where convenient living is guaranteed, allowing you to focus on enjoying the comforts of your dream home.
Source: STELLAR #o6248874
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6248874
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6248874