1412 RESOLUTE ST, Kissimmee, FL 34747
Welcome home to this gorgeous David Weekley “Sherwin” Townhome model! This open floor plan features 3 Bedrooms, 2.5 Bathrooms, 2 car garage, a nice front porch area and a private fenced in rear patio. As you enter the property, you will notice the nice open space with the living room and dining area, a large kitchen including the oversize granite Island, stainless steel appliances, tons of natural light throughout which makes this area perfect for family or friends gatherings! This sweet home was recently upgraded with wood floors, master bathroom shower, a few lightning fixtures and beautiful kitchen backsplash. On the first floor you will also find a half bath and a large size closet. The second floor features 2 guest bedrooms, a full bathroom and the laundry room. The master bedroom features large windows, a spacious walk in closet, garden tub and separate shower. All this is nestled inside desirable Spring Lake in Celebration South Community. Take advantage of the resort style pool, fitness center, picnic areas, and miles of biking/walking trails. The home is located close to downtown celebration, all the DISNEY theme parks, I-4 and 417. Call for your private showing today
You may be able to put down less than the total down payment amount of $289,002 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #s5110813