1627 E Spring Ridge Cir, Winter Garden, FL 34787
3 beds · 2 baths · 1,678 sqft sqft
The WINTER GARDEN Golf Cart District welcomes a new home to market! This 3-bedroom, 2-bath FENCED home sits on nearly a quarter of an ACRE (.23) in one of the most sought-after areas of Winter Garden. Featuring a spacious open floor plan, this home boasts natural light, a FIREPLACE, 2021 ROOF, large backyard, and tons of potential. With a little TLC, you can turn this house into the home of your dreams. The split floorplan provides privacy and comfort to your daily living. On the north side the home you’ll find the PRIMARY suite, which includes two walk-in closets, a dual vanity, and shower. The south side of the home hosts two additional bedrooms and a full bath with a TUB. There’s ample places to enjoy your family meals with this layout. The kitchen is designed with you in mind, open to the living area and backyard. Step outside to enjoy some fresh air on your SCREENED-in porch. The backyard is your canvas to paint, whether you’d like to build a pool or a large patio with a fire-pit and market lights. Winter Garden is a charming and vibrant community known for its small-town feel, rich history, and welcoming atmosphere. Lined with brick streets and beautifully restored buildings, the area is a hub for boutique shops, unique restaurants, and local art galleries. At the heart of the district is the iconic Winter Garden Clock Tower, and the downtown pavilion hosts a bustling FARMERS MARKET on the weekends. With scenic walking paths, access to the 22 mile long West Orange Trail, and regular community events, it offers a lively mix of culture and outdoor activities. Conveniently located near interstate travel such as the 429, East-West Expressway, and the Turnpike, shopping, dining, golf courses, theme parks, and so much more. Explore the beauties of the town and make Crown Point Springs your next place to live! Sold AS-IS.
Source: STELLAR #o6247159
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247159
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.
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: #o6247159