16705 Rolling Green Dr, Clermont, FL 34714
6 beds · 5 baths · 2,697 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this spacious and beautifully designed 6-bedroom, 4 bathroom home in the sought-after Glenbrook community of Clermont. Offering an ideal blend of elegance and functionality, this home is perfect for those seeking both comfort and style. The two ensuites, one located on the first floor and one located on the second floor, make it great for extended families! Step inside to discover a well-thought-out floor plan that includes a formal living room and seperate Family room, providing the perfect spaces for hosting guests or enjoying intimate gatherings. At the heart of the home, the open-concept kitchen with dining area seamlessly flows into the family room, making it an entertainer’s dream. Whether you're preparing meals or spending quality time with loved ones, this space is designed for connection and convenience. One of the highlights of this home is the screen-enclosed pool and spa, offering a private oasis to relax and unwind year-round. Enjoy Florida's sunshine in the comfort of your own backyard, perfect for outdoor entertaining or peaceful retreats. Updates include: Roof 2019, AC 2020. Located in the desirable Glenbrook community, this home offers easy access to shopping, dining, major highways, and is just a short drive to Orlando’s world-class attractions. Whether you're looking for a primary residence, vacation home, or investment opportunity, this property checks all the boxes. Don't miss the chance to own this incredible home in one of Clermont’s most popular neighborhoods. Schedule your tour today!
Source: STELLAR #G5092881
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #G5092881
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 and Equal Opportunity Act.