1501 Noble St, Longwood, FL 32750
4 beds · 2 baths · 1,797 sqft
SELLER TO PAY THE SOLAR PANEL LOAN AT CLOSING!!! 4/2/2 POOL HOME with NEW 2024 roof and Built in sump pump!! This is truly the home you've been looking for! Located in the Sanlando Springs Subdivision in the center of everything! his is the home you’ve been waiting for!! Nestled in Longwood’s Sanlando Springs neighborhood sits this stunning home on a large, fully fenced corner lot with NO HOA!! As you arrive to the circular driveway, you’ll notice the beautiful curb appeal and lovely paved walkway leading around to the charming covered front porch. Stepping inside the welcoming entry foyer, the gorgeous wood-like tile floors and neutral decor throughout will capture your attention right away. Versatility abounds in this home with both a formal living room and family room for entertaining. Gather around the wood burning fireplace, delighting in the lovely chair rail bordered walls and attractive wood beamed ceilings. Appreciate the split bedroom plan allowing ample privacy for a large family too. The kitchen is a delight with tons of cabinets, double oven, S/S appliances, a built in pantry with moveable swing out shelving, and a picture window over the sink allowing natural light and a great view of the sensational backyard. Retreat to your master bedroom suite with sliding doors to the patio, walk in closet offering custom built in shelving, and a recently remodeled bath with dual vanity, mosaic tile backsplash, updated fixtures and walk in shower. Like outdoor living? You will absolutely love the enormous 38 x 11 covered and screened lanai overlooking the elegant open pool/patio and private backyard surrounded by a 6’ wood fence. Imagine all the outdoor gatherings, dining and grilling you can do on this huge lanai and expansive pool deck. The yard offers plenty of space to run and play in both the front (with a 5’ aluminum fence) and back yard, a lovely mature oak tree for shade, and an adorable little fruit tree too. You’ll also love the oversized 2 car garage!!
Source: STELLAR #o6250711
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6250711
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: #o6250711
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.