14637 Tanja King Blvd, Orlando, FL 32828
3 beds · 3 baths · 2,154 sqft
Welcome to Your New Home in Avalon Park! Located in one of Orlando’s most sought-after communities, this stunning two-story home offers the space and comfort your family needs. This beautifully maintained property offers the perfect blend of comfort, privacy, and versatility. All three spacious bedrooms and two full baths are upstairs, allowing for ultimate privacy. The smart layout includes a half bathroom downstairs, allowing guests to have their own space without using the main bathrooms. On the first floor, a versatile Flex Room can be used as a home office, playroom, or even an additional bedroom - the choice is yours! Plus, this is the largest three-bedroom home in square footage currently available in Avalon Park. Situated on a large lot, this home boasts a spacious backyard, perfect for entertaining, relaxing, or even adding a pool to create your dream outdoor oasis, perfect for family gatherings and celebrations. The extended driveway provides plenty of parking space for multiple vehicles. Additionally, this home boasts recent updates that includes: New AC unit and water heater (Dec 2023), new plumbing (2020), freshly painted interior and the roof is only 7 years old, offering peace of mind for years to come. Located in a vibrant neighborhood with top-rated schools, parks, trails, shopping, and dining nearby, this home truly has it all! It's the perfect place to start a new chapter and create lasting memories with your family. Don’t miss out on this incredible opportunity! Schedule your tour today and discover everything this home has for you!
Source: STELLAR #S5120190
Financials
Source: STELLAR #S5120190
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.