1503 Oak Reserve Dr, Kindred, FL 34744
4 beds · 2 baths · 1,846 sqft
Charming, fully renovated 4-bedroom home nestled in the heart of beautiful Kissimmee, Florida. Set in a tranquil neighborhood, this residence offers a superb blend of comfort, functionality, and convenience. Upon entry, you'll be greeted by an open-concept layout that seamlessly connects the living room, dining area, and kitchen—an ideal setting for entertaining guests or enjoying quality time with family. The kitchen has modern appliances, generous counter space, and ample cabinetry, making it both stylish and functional. The spacious master bedroom features a walk-in closet and a private en-suite bathroom complete with a luxurious soaking tub and a separate shower, providing a perfect retreat after a long day. This home also includes hurricane protection on the windows and the rear door leading to the patio, offering peace of mind during storm seasons. Additionally, the water heater was upgraded in 2023 with the latest technology and can be controlled remotely from your smartphone, as the home is equipped with smart technology. Step outside to discover a meticulously landscaped backyard and an enclosed porch, perfect for outdoor activities or simply soaking up the Florida sunshine. The expansive yard offers endless possibilities for gardening, hosting barbecues, or creating a fun, screened-in play area. Ideally located just minutes from shopping centers, restaurants, parks, and a variety of entertainment options—and with easy access to major highways and transportation hubs—this property combines modern living with effortless connectivity. The community itself offers resort-style amenities, including a sparkling pool, tennis court, and basketball court. Furthermore, a **charter school** and a **commercial area with a variety of shops and restaurants** are currently under construction, adding even more value to this vibrant neighborhood. Don’t miss your chance to call this exceptional home your own!
Source: STELLAR #S5118652
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5118652
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.