14419 Windigo Ln, Orlando, FL 32828
3 beds · 2 baths · 1,849 sqft
When privacy, security, and a gorgeous pond view are important, this 3 Bedroom, 2 Bathroom, 1,860 Sq Ft home featuring an enormous brick paved, covered, and screened back patio is the home for you. The home is located in the desirable guarded and gated Spring Isle community. Its open-plan design offers tons of natural refreshing light giving you that “welcome home” feeling. Entering the home you’re greeted by the formal living and dining rooms with clean fresh carpet, perfect for those quiet conversations. From here we enter the kitchen featuring cherry wood cabinets, Corian counters, stainless steel appliances, and a breakfast bar. The view through the family room to the back patio toward the pond will take your breath away. Bring your furniture and a large TV where you’ll enjoy the generous family room. It’s perfect for entertaining and family gatherings. The master bedroom features an impressive walk-in closet and a luxurious bathroom with a garden tub, dual sinks, and a separate shower stall. The master suite has sweeping water views with no rear neighbors for added privacy. Bedrooms 2 and 3 share the tiled second bathroom. Residents of Spring Isle enjoy a resort-style swimming pool, clubhouse, fitness center, playground, dog park, and 24-hour guard-gated security. Located in East Orlando, this community is close to highly rated schools, shopping, and dining options at Waterford Lakes and Avalon Park Town Center.
Source: STELLAR #o6262866
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6262866
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: #o6262866
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.