1361 Olympia Park Cir, Ocoee, FL 34761
4 beds · 3 baths · 2,332 sqft sqft
Experience the pinnacle of suburban living in this stunning four bedroom three bathroom family home, where luxury meets comfort in a picturesque neighborhood setting. Perfectly situated to have tranquility while maintaining proximity to essential amenities, this gem nestled between Lake Apopka and downtown Orlando offers an idyllic balance for all. Sitting across from Lake Olympia, the oversized corner lot captivates with impeccable curb appeal, landscaping, and an impressive three car garage. The home’s eco-friendly nature is highlighted by solar panels ensuring energy efficiency. Step inside to discover a beautiful modern interior bathed in light grey tones and accented by elegant wood vinyl floors. The expansive foyer ushers you into the living room, graced with vaulted ceilings, a custom accent wall, and an alluring curved design that flows into the formal dining room—complete with an elegant tray ceiling, chandelier, and crown molding. Entertaining is a delight in the inviting family room, boasting a chic fireplace and tall ceilings, seamlessly connecting to the outdoor lanai through sliding glass doors. The gourmet kitchen showcases stainless steel appliances, pantry storage, tile backsplash, sleek grey cabinets, and a sunny breakfast nook. Retreat to the luxurious primary suite with its vaulted ceiling and spa-like en suite bath featuring a soaking tub, dual vanities with ample counter space, a glass door shower, a walk in closet, and linen closet. The additional three guest bedrooms are bright and airy, and the two guest bathrooms boasts modern touches—one of which grants direct patio access! Outside, a screened and tiled patio envelops the rear of the home, creating an entertainer's paradise amidst the privacy of a fenced backyard dotted with palm trees. Conveniently located by shopping, dining, Publix, and major roadways including the 408, 429, and Florida’s Turnpike, you’ll be close by everything you need. Don't miss the opportunity to make this house your forever home. Schedule a showing today and embrace the lifestyle you deserve! **Seller to contribute $25,000 at closing towards balance on solar panels!!
Source: STELLAR #o6231984
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6231984
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: #o6231984
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.