1408 Longville Cir, Tavares, FL 32778
4 beds · 3 baths · 2,603 sqft
Welcome to this stunning 4-bedroom, 2.5-bathroom, two-story home located in the desirable Pines at Lake Saunders in Tavares.FYI: New roof to be installed prior to closing, Upon entry, you're greeted by a grand open foyer featuring high ceilings and elegant arched entryways, leading to a spacious living and dining area with cozy carpeting.The kitchen showcases beautiful Corian countertops, wood cabinetry, modern appliances, abreakfastbar, and a bright eat-in nook that opens seamlessly into the family room, ideal for relaxed gatherings. The first-floor primary suite offers a walk- i n closet and a luxurious ensuite bathroom, complete with double vanity sinks, a garden túb, and a separate, tiled shower. Upstairs, you'll find three additional well-appointed bedrooms and a full bathroom. Step outside through sliding glass doors from the family room to enjoy a large covered patio, perfect for entertaining or quiet moments, with serene views of the backyard. Recent updates include new carpeting throughout and fresh interior paint.The home also features a 2-car garage, low HOA fees, and a prime location just minutes from US-441, schools, shopping,and the area's best dining options. With proximity to Lake Saunders and other nearby lakes with dock community as well as recreational amenities like the YMCA and AdventHealth Waterman hospital, this home is conveniently located near historic downtown Mount Dora and Eustis. Don? miss the opportunitY.
Source: STELLAR #o6251824
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6251824
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: #o6251824
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.