155 S Court Ave # 1807, Orlando, FL 32801
1 beds · 1 baths · 730 sqft
Under contract-accepting backup offers. Welcome to urban living at its finest. This sleek modern 1-bedroom condo nestled in the heart of downtown Orlando. Located in a vibrant and bustling neighborhood, this stylish residence offers the perfect blend of convenience and comfort. As you step inside, you're greeted by an open-concept layout that offers lots of natural light. The living area features large windows that frame stunning city views, creating a dynamic backdrop for both relaxing evenings and lively gatherings with friends. The kitchen boasts contemporary finishes, including stainless steel appliances, solid countertops, and ample storage space, making it a chef's delight. The cozy bedroom provides a tranquil retreat from the hustle and bustle of city life. Outside on your porch, the vibrant energy of downtown awaits. Enjoy being walking distance to great restaurants, museums, art galleries and entertainment. Whether you're strolling through the bustling streets or enjoying a leisurely afternoon in a nearby park, you'll love being at the center of it all. With modern amenities such as a fitness center, concierge service, pool, and secure parking, this condo offers the ultimate urban lifestyle experience. Whether you're a young professional seeking a convenient commute or a savvy investor looking for an attractive rental opportunity, this condo is sure to exceed your expectations. Don't miss out on the chance to make this downtown oasis your own. Schedule a viewing today and discover the unparalleled charm and convenience of urban living in this stunning 1-bedroom condo.
Source: STELLAR #o6178608
Source: STELLAR #o6178608
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: #o6178608
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.