1577 Castile St, Kissimmee, FL 34747
4 beds · 4 baths · 2,764 sqft sqft
Nestled in the desirable Spring Lake community of Celebration you will find this stunning 4-bedroom, 3.5-bathroom residence offering the epitome of luxury and convenience. Positioned directly in front of the community pool and fitness center, this home offers a resort-like lifestyle year-round. The expansive first-floor master suite includes a lavish en-suite bathroom, providing ease and privacy, while the additional bedrooms and baths, along with a spacious loft for family or guests, are situated upstairs, offering ample room for relaxation and retreat. The main level boasts an open-concept layout, seamlessly connecting the family room, dining area, and a gourmet kitchen. The kitchen is truly the heart of the home, featuring a grand center island, dark wood cabinetry, granite countertops, and premium stainless-steel appliances—a chef’s dream. Designed with energy efficiency in mind, this eco-friendly home comes equipped with double-pane windows, a radiant barrier, an alarm system, a 14 SEER HVAC system, and an in-wall pest management system, making it as practical as it is beautiful. Recent upgrades include new AC (2024), Tesla charger (2023), and new washer and dryer (2024). Residents of Spring Lake enjoy exclusive access to a private, resort-style recreation center, complete with a sparkling pool, cabana, fitness center, entertainment lawns, and grilling stations—perfect for entertaining or relaxing. Celebration itself offers an idyllic lifestyle with scenic parks, playgrounds, community pools, and over 26 miles of trails for walking and biking. With charming shops, fine dining, and abundant entertainment venues just a short stroll away, this home offers an unparalleled blend of comfort, style, and convenience. ***SELLER OFFERING a $10,000 painting and flooring concession with an acceptable offer.***
Source: STELLAR #o6247114
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247114
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.
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: #o6247114
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.