1516 Quinta Rd, Kindred, FL 34744
3 beds · 2 baths · 1,614 sqft
Price Dropped!!! Seller is motivated to sell. Here’s your opportunity to live in the amazing community of Kindred in Kissimmee, FL! This beautiful home offers 3 bedrooms and 2 bathrooms within 1,614 square feet of comfortable living space. A welcoming front porch invites you into this one-story, all-concrete block construction home. Designed for optimal living, the open concept kitchen overlooks the versatile great room and a large covered lanai. The well-appointed kitchen features an island with bar seating, an oversized walk-in pantry, and sleek stainless-steel appliances. The master bedroom, located at the rear of the home for privacy, includes an ensuite bathroom with a double vanity and a spacious walk-in closet providing substantial storage space. A second bedroom and bath are situated at the front of the home. Just off the kitchen is the versatile third bedroom, perfect to meet your needs. This smart home allows you to control various features remotely with your smart device. The property also includes vinyl fencing for privacy and a water purifier and softener for filtered water. The Jemison Floorplan at Kindred showcases a seamless blend of design and functionality in Kissimmee, Florida. Don’t miss this opportunity to live in the amazing community of Kindred!
Source: STELLAR #s5109350
Source: STELLAR #s5109350
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: #s5109350
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.