16452 Caju Rd, Clermont, FL 34711
4 beds · 3 baths · 2,207 sqft sqft
Welcome to your dream home, perfectly situated off State Road 50, offering the best of both worlds—serenity and convenience. This beautiful two-story residence has been meticulously upgraded for the owners and is move-in ready. From the moment you arrive, you'll be captivated by the freshly painted exterior and stucco retouched in 2023, enhancing the curb appeal. New energy-efficient windows were installed in 2022. The front yard has been transformed with elegant decorative stonework and newly laid sod, providing a fresh, modern landscape. Step inside to discover an inviting interior, also recently painted, with stunning new flooring throughout the home, including the staircase and second-floor new carpet. The heart of this home is its modern kitchen, completely remodeled in 2021 with top-grade materials, featuring sleek, energy-efficient BOSCH appliances. Whether you’re a gourmet chef or simply enjoy cooking, this kitchen is a Modern custom-made kitchen with soft-close doors, pantry, and drawers. Cambria quartz is featured on the countertop, waterfall island, and backsplash. The masterful design doesn’t end there—the roof was replaced in 2019, and the property comes equipped with solar panels, fully paid off by the current owner. The new AC TRANE was fully installed in 2021, and the Rainsoft brand water softener was installed in 2020. The garage has a 220V car charger installed and ready to use and the floor has epoxy paint with a lifetime warranty. Not only will you enjoy the energy savings, but you'll also be contributing to a sustainable lifestyle. As you step out into the backyard, prepare to be enchanted by breathtaking views of Johns Lake. Imagine sipping your morning coffee or relaxing in the evening with the sun setting over the water, creating a picturesque retreat that feels worlds away from the hustle and bustle—yet you're right in the middle of Clermont & Minneola's vibrant community. Don’t miss your chance to own this remarkable home, where every detail has been thoughtfully considered to present a seamless blend of comfort, luxury, and eco-friendliness. From its modern upgrades to its prime location near top schools, shopping, and dining, this home won’t last long. Come see for yourself why this property is a hidden gem—you'll feel right at home the moment you step inside!
Source: STELLAR #o6245560
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6245560
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 30-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: #o6245560
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.