1413 WALLACE MANOR PASS, Winter Haven, FL 33880
Welcome to Your Dream Home in Central Pointe, Winter Haven! Step into this charming DR Horton-built gem, nestled in the sought-after Central Pointe neighborhood. With 1,842 square feet of stylish living space, this 4-bedroom, 2-bath home combines comfort with convenience. Heart of the Home: The Kitchen At the heart of this home, you'll find a generously-sized kitchen that’s perfect for gatherings. With a spacious island seating up to four and an open view into the family room, it’s designed for both casual meals and festive feasts. New stainless steel appliances and a handy pantry make cooking a breeze, while the adjacent dining room is ideal for those sit-down dinners. Room to Grow The airy family room offers plenty of space for your largest pieces of furniture, making it perfect for cozy movie nights or entertaining friends. Plus, a versatile flex space right next to the kitchen is ready to adapt to your needs—be it a den, playroom, or home office. Serene Retreat Your primary bedroom is a serene retreat, complete with an ensuite bathroom and a walk-in closet. The three additional bedrooms are equally spacious, offering ample room for family or guests. Modern Comforts Enjoy the convenience of porcelain tiles, a water softener system, and an in-wall pest control system. An indoor utility room and a 2-car garage add to the home’s practicality. Outdoor Oasis Step outside to a private backyard oasis featuring a vinyl fence with a lifetime warranty. A wood deck beckons for barbecues and relaxation, while a handy storage shed keeps everything organized. Plus, the fully paid-off solar panels ensure your utility bills are exceptionally low. Neighborhood Perks Take advantage of the community dock for some catch-and-release fishing, or explore the quiet charm of your neighborhood. Centrally located, you’re just a hop away from the Polk County Parkway, nearby cities, Legoland, and Orlando. This home blends modern amenities with cozy charm, offering a perfect backdrop for your next chapter. Come see it today!
You may be able to put down less than the total down payment amount of $100,980 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: #l4947599