13832 Dove Wing Ct, Orlando, FL 32828
3 beds · 3 baths · 2,016 sqft
WATERFRONT TOWNHOME 3 Bedroom 2.5 Bathroom with 2,000+ square feet of living space in the gated community of Avalon Lakes. ROOF 2022. Upon entry and past the foyer area there is a nook space that works perfectly as a home office area. The kitchen is complete with granite countertops, 42” cabinets and bar top seating. The kitchen overlooks the dining and living space with laminate wood flooring. The covered and fully screened in porch is accessible through glass sliders from the living room and has a storage closet. The townhome has a wonderful backyard WATER VIEW! Upstairs is a spacious master bedroom with a tray ceiling along with his and hers closets. The primary bathroom has a dual vanity, walk in shower and garden tub. Also upstairs are two bedrooms, a full bathroom and a large laundry room. Avalon Lakes gated community amenities include an on-site management office, clubhouse with a gym, swimming, pool, volleyball court, tennis court, basketball court, soccer field, and a sail shade covered playground. There is a separate pool just for the townhome section of the neighborhood, along with a separate owner’s exit close by. Make an appointment to see this home today!
Source: STELLAR #O6292890
Financials
Source: STELLAR #O6292890
Source: Public records
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%. 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.
Other resourcesWhat 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.