1451 Twin Rivers Blvd, Oviedo, FL 32766
4 beds · 2 baths · 2,140 sqft
Welcome to this beautifully maintained 4-bedroom, 2-bathroom home with a private office, located in the highly sought-after Riverside at Twin Rivers community. This light and bright home features an open, split floorplan with vaulted ceilings, offering both ample space and comfort for relaxation or entertaining. Step outside to the covered back porch and fully fenced backyard, perfect for outdoor enjoyment and privacy. This home has been thoughtfully updated with a new roof (2018), windows (2021), HVAC system (2017), complete repipe (2017), luxury flooring, and stainless steel appliances (2018). Additionally, the second bathroom has been remodeled, and a whole-house water filtration system, WiFi-enabled garage door opener, sprinkler system, and front door have been added for convenience. The kitchen boasts granite countertops, and the washer and dryer are included with the sale. All of this, plus an affordable HOA of just $197 per year! Situated near several parks and preserves, including Little Big Econ State Forest, Lake Mills Park, and Flagler Trail, this home offers easy access to outdoor adventures while being part of the top-rated Seminole County School District, with Partin Elementary right in the neighborhood, with Chiles Middle and Hagerty High School close by. You’ll also enjoy proximity to The Riverside Market, Publix, and popular dining and shopping options at Oviedo on the Park and Waterford Lakes Town Center. Conveniently located near Research Park, UCF, Seminole State College, and major highways like SR 417 and SR 46, as well as the Orlando Sanford International Airport, this home combines natural beauty with everyday practicality. Don’t miss your opportunity to make it yours—schedule a showing today!
Source: STELLAR #o6247545
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247545
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: #o6247545
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.