1413 Wallace Manor Pass, Winter Haven, FL 33880
4 beds · 2 baths · 1,842 sqft sqft
Back on the market. Buyers financing fell through 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!
Source: STELLAR #l4947599
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4947599
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: #l4947599
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.