14962 Waterford Chase Pkwy, Orlando, FL 32828
6 beds · 4 baths · 3,564 sqft sqft
NEVER RUN OUT OF SPACE!!!! Seller Motivated to Sell! This Large 6 BEDROOM Plus HOME IS A MUST SEE!! THIS HOME HAS A SCREENED IN FRONT PORCH !!!The minute you walk into the home you are welcomed into a Large Formal Dining Room /Living Room area! But there is MORE! Enter beyond the Dining Room into the SPACIOUS Family Room that is Opened to the Kitchen! KITCHEN HAS UPDATED CABINETS, GRANITE Countertops, a BREAKFAST BAR and an area for enjoying your meals together. In the FAMILY ROOM you have more than enough room to entertain your family and quests or make memorable movie nights! To the left of the Family room is a Second Master Bedroom with a Bath! The upstairs is equally SPACIOUS with more than enough space for a large Family or office space/craft rooms/game room or so much more! All the Bedrooms are Spacious. But it gets Better once you step outside to the SCREENED IN POOL area where it just calls for relaxation and a WATER VIEW that just is BEAUTIFUL! FENCED IN BACKYARD. This home has newer ROOF 2018 NEW HOT WATER HEATER 2023- NEW POOL PUMP 2023-NEW FLOORING DOWNSTAIRS-NEW PAINT INSIDE AND OUTSIDE-TROPICAL TREES FOR THE FRUIT LOVER: MANGO, BANANA, POMEGRANTE AND A FEW OTHER FRUIT TREES. You have access to 408, 417 and close proximity to UCF & Research Parkway. Not too far from the attractions, beaches, the wetlands & more. This is a sought-after community. Zoned for "A" rated schools!!
Source: STELLAR #o6156882
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6156882
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: #o6156882
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.