1552 AMBER LEAF CIR, Ocoee, FL 34761
**********PRICE IMPROVEMENT************* Welcome to this exquisite modern residence nestled in the exclusive gated Arden Park neighborhood. Boasting four bedrooms, three and a half baths, and a two-story layout complete with a loft and a spacious 2-car garage, this home is primed for new ownership. Step inside to discover a bright and inviting open floor plan designed for seamless entertaining. The kitchen, adorned with pristine white cabinetry and a sizable countertop-height island, features luxurious Coarse Carrara Quartz countertops with an eased edge finish. Chic black and white backsplash accents complement the high-end appliances, including a gas stove, built-in oven, and microwave. A convenient walk-in pantry adds to the kitchen's functionality. Adjacent to the kitchen, the dinette area beckons with its sliding door access to a screened lanai and fenced backyard, ideal for outdoor gatherings or simply enjoying the serene surroundings. A guest bedroom on the first floor boasts its own en-suite bath, offering privacy and comfort to guests or family members. Ascend to the second floor, where a media loft awaits, perfect for relaxation, gaming, or leisurely reading. The master bedroom presents a tranquil retreat, with ample space for a king-sized bed and a cozy sitting area. Pamper yourself in the expansive master bathroom, featuring an oversized spa shower and dual vanity sinks. This meticulously crafted home is awaiting its discerning new owner to indulge in its modern comforts and sophisticated charm. Welcome home. Seller Motivated
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #o6204072