170 Spring Lake Hills Dr, Altamonte Springs, FL 32714
4 beds · 4 baths · 2,772 sqft sqft
One or more photos(s) has been virtually staged. Welcome to this exquisite 4-bedroom, 2 full bathroom, 2 half bathroom home located in the highly coveted, guard-gated community of Spring Lake Hills. Offering a perfect blend of elegance, comfort, and an unparalleled lakefront lifestyle, this property is a true gem. The NEW ROOF, double-pane windows, and an oversized two car garage are just a few of the features that add lasting value to this exceptional property. Upon entering, you’ll immediately notice the attention to detail throughout. The spacious living areas are enhanced by newly installed luxury vinyl plank flooring, which beautifully complements the elegant oak flooring upstairs. The heart of the home is the recently REMODELED kitchen, designed for both style and function. Featuring soft-close shaker cabinets, QUARTZ countertops, and stainless steel appliances, this kitchen is a chef’s dream, ideal for hosting gatherings or enjoying quiet family meals. The CUSTOM-BUILT office area provides a sophisticated space for work or study, while the cozy fireplaces add warmth and charm to your evenings. An updated half bathroom downstairs boasts modern fixtures and finishes, while the renovated guest bathroom upstairs offers a fresh, contemporary design for added comfort and style. The primary suite and additional bedrooms are generously sized, offering comfort and privacy. Step outside onto the 40x11 screened in patio and you’ll find your own private oasis. The recently REMODELED SALTWATER POOL is perfect for lounging and entertaining. The custom fire pit overlooks the pool and the luscious landscaping. A convenient pool bath adds an extra touch of practicality for those summer days spent outdoors. Whether you're swimming, hosting a BBQ, or simply unwinding, the outdoor area is designed to be enjoyed year-round. Practical upgrades have been carefully integrated into the home, ensuring peace of mind and modern convenience. Spring Lake Hills offers exclusive access to three pristine lakes: Spring Lake, Lake Destiny, and Springwood Lake. Two PRIVATE BOAT RAMPS and a community dock make it easy to launch your boat or kayak, while the Springwood Waterway offers tranquil views and opportunities for exploring the interconnected waterways. With quick access to I-4, shopping, dining, and top-rated schools, this home offers the best of both worlds: a peaceful retreat with all the conveniences you need close at hand. Don’t miss the opportunity to live in this premier community, where luxury, comfort, and lakefront living come together.
Source: STELLAR #o6234864
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6234864
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: #o6234864
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.