1720 Reflection Ln, Saint Cloud, FL 34771
4 beds · 4 baths · 2,347 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to the Preserve at Turtle Creek. This property features a spacious 4-bedroom, 3.5-bathroom layout with 2,347 square feet of living space, situated on a corner lot just south of Lake Nona. The home includes a 2-car garage with tandem parking options, which can accommodate a golf cart, a boat, or can be transformed into a mancave. Upon entering, you will find a bright and airy living space, with the first two bedrooms located at the front of the home, sharing a Jack and Jill bathroom. The kitchen is designed for both cooking and entertaining, featuring granite countertops, stainless steel appliances, a spacious island, and a sizable pantry. This area flows naturally into the large family room. The primary bedroom is generously sized and filled with natural light, accompanied by a spacious en suite bathroom and a large walk-in closet. The laundry area is conveniently located just off the primary walk-in closet. The final bedroom is situated upstairs and includes its own private bathroom, making it an ideal space for a tween or multi-generational family member seeking privacy. Residents of the community can enjoy amenities such as a beautiful pool and playground. The Preserve at Turtle Creek is conveniently located just minutes from downtown St. Cloud's shops and restaurants, with easy access to Lake Nona Medical City, Orlando International Airport, theme parks, and major highways, enhancing its appeal as a prime location. Don’t miss the chance to make this home yours. Ceiling fan in primary bedroom does not convey. ADDITIONAL PHOTOS TO BE UPLOADED IN THE NEXT 2 DAYS
Source: STELLAR #A4647668
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 #A4647668
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.