1583 Aspen Ave, Davenport, FL 33837
4 beds · 3 baths · 2,416 sqft
One or more photo(s) has been virtually staged. Like new! Excellent Opportunity to own this 2022 Pulte built spacious and convenient 2-story 4 bedrooms, 2.5 Bathrooms home on Forest Lake Phase 1. On the first floor as you enter the home you will find a flex space that can be used as a living room, study or office. Also, on the first floor you will also find a half bathroom. As you continue into the home you will have the view of the open floor plan of the kitchen, dining and family room, windows and sliding door looking at the backyard area and the playground. The kitchen features stainless steel appliances, quartz countertops, tiled backsplash. The owner installed a Reverse Osmosis Water System in the Kitchen that also feeds in the refrigerator water line, so water and ice are filtered. This system will convey. On the second floor, there is an ample loft area for entertainment and nightly family gatherings, this area also serves as a calm transition between bedrooms. There are two bedrooms on each side of the loft. Laundry is also on the second floor for convenience. The Owner’s suite has a spacious walking closet, en- suite bathroom with dual sinks and quartz top vanity and separate toilet area. Community Amenities include a resort style pool, cabana and playground. Beautiful lakes and recreation areas surround this community. Forest Lake is located east of US-27, Convenient to I-4 and US 17-92. Only 15 minutes from Disney, close to shopping, restaurants and hospitals. Horizon Elementary is across the street from the community. Second Virtual Tour is 3D.
Source: STELLAR #o6242108
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6242108
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: #o6242108
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.