1519 Hillway Rd, Apopka, FL 32703
4 beds · 3 baths · 2,211 sqft sqft
PRICE IMPROVEMENT! Step inside this immaculate 4-bedroom, 2.5-bathroom retreat nestled in the desirable Bear Lake Highlands community of Apopka. With no HOA fees and resting on an oversized lot spanning over half an acre, this home offers a fully paid 1-Year Home Warranty, providing buyers with added peace of mind. As you step inside, the split floorplan invites you to explore seamlessly. Straight ahead, a well-appointed kitchen awaits, while to the right, the inviting living room beckons with abundant natural light cascading through the expansive bay window. To the left, a staircase leads to the second floor for convenient access upon arrival. The dining room, adorned with a captivating pendant light and bathed in natural light from double doors leading to the wooden deck, sets the stage for memorable meals. Adjacent, the chef's dream kitchen features stunning wooden cabinetry, crown molding, and built-in amenities like a pantry and desk seating area. The breakfast nook offers a cozy space for casual family meals, while a second living/family room, accessible via stairs from the kitchen, provides additional gathering space with its own access to the backyard. Upstairs, the bedrooms await, each generously sized and bathed in natural light. The master suite is a serene retreat, boasting an attached bathroom with a double vanity sink, walk-in closet, and a luxurious garden tub for unwinding after a long day. Outside, step onto the custom wooden deck overlooking the private pool, where relaxation and entertainment blend seamlessly against the backdrop of the expansive backyard. Whether hosting family gatherings or enjoying quiet evenings under the stars, this backyard offers endless possibilities for enjoyment. Conveniently located near major roads, highways, entertainment, and restaurants, this home offers both serenity and accessibility, making it a truly exceptional find in Apopka's Bear Lake Highlands community. <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=2GQSUq6oSXs&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>
Source: STELLAR #s5102992
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5102992
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #s5102992