1602 Oak Hollow Rd, Clermont, FL 34711
3 beds · 2 baths · 1,938 sqft
CUSTOM HOME COMMUNITY - CORNER LOT - MATURE LANDSCAPING AND FRUIT TREES - NEAR THE CHAIN OF LAKES - NEW ROOF AND FULLY PAID-OFF SOLAR SYSTEM INSTALLED 2019 - 14' CEILINGS IN THE FOYER AND 10' CEILINGS THROUGHOUT - ARCHWAYS AND WOOD FLOORING - CROWN MOLDING - GRANITE COUNTERS - 42' CABINETS - DOUBLE OVEN RANGE - SPLIT FLOOR PLAN - EXTENDED SCREENED IN LANAI WITH A 14' BIRDCAGE ENCLOSURE - RARE OPPORTUNITY - Nestled within a quaint CUSTOMER HOME COMMUNITY in the heart of Clermont, Florida, this beautifully designed residence sits on a prime CORNER LOT surrounded by MATURE LANDSCAPING AND FRUIT TREES. Located NEAR THE CHAIN OF LAKES, this home offers an incredible blend of elegance, comfort, and energy efficiency. This home is not only stunning but also energy-efficient, featuring a NEW ROOF AND FULLY PAID-OFF SOLAR SYSTEM INSTALLED IN 2019, providing significant value and savings. Additional features include an irrigation system and plenty of space for more fruit trees or a garden. Step inside to soaring 14' CEILINGS IN THE FOYER and formal living space, complemented by graceful ARCHWAYS AND WOOD FLOORING. The remainder of the home boasts 10' CEILINGS THROUGHT, with natural light streaming through large windows and double sliding doors. CROWN MOLDING wraps the entire home, adding a refined touch to every room. The heart of this home is the spacious kitchen, featuring GRANITE COUNTERTOPS, a central island with a breakfast bar, 42” CABINETS wrapped in crown molding, stainless steel appliances, and a DOUBLE OVEN RANGE. The eat-in dining area is bathed in natural light, offering stunning views through the sliding doors. Designed for privacy, the SPLIT FLOOR PLAN offers a serene primary suite with wood flooring, a luxurious garden tub, a large separate shower, and private slider access to the lanai. The EXTENDED SCREEN LANAI WITH A 14' BIRDCASE ENCLOSURE is perfect for relaxing or entertaining while enjoying the peaceful backyard setting. A RARE OPPORUTNITY to own a well-maintained, custom home in a desirable location. Don’t miss out—schedule your private showing today!
Source: STELLAR #G5093561
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #G5093561
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.