1721 Kenilworth St, Holiday, FL 34691
2 beds · 2 baths · 1,186 sqft
Charming and beautifully maintained 2-bedroom, 2-bathroom, 2-car garage home offering 1,186 square feet of comfortable living space and move-in ready! A cozy covered front entry invites you in with a sleek glass storm door and a stylish front door setting the stage for warmth and character inside. Step inside to find wood-look tile plank flooring throughout the living areas and laminate flooring in the bedrooms. The inviting living room flows seamlessly into a separate dining space, which leads to the Florida room—a versatile space perfect for a home office, craft room, or additional sitting area—with direct access to the covered outdoor patio. The updated kitchen features stainless steel appliances, granite countertops, and ample cabinetry. The primary suite boasts a walk-in closet and an ensuite bath with a tiled walk-in shower. The guest bedroom includes a cedar-lined closet, while the guest bath offers a tiled tub/shower combo and a granite vanity. This home offers peace of mind with a 2018 roof, a 2018 AC, and a 2017 water heater. Additional conveniences include two hallway linen closets, a smart thermostat and doorbell, newer windows, as well as gutters, downspouts, and underground utilities. The fenced backyard provides a private retreat, perfect for outdoor enjoyment and is in a sidewalk-lined community with streetlights. This home is just minutes from schools, shopping, dining, medical facilities, boating, fishing, attractions, and airports. With easy access to Tampa, Orlando, and Florida’s breathtaking beaches, this is the ideal place to call home. Don’t miss out—schedule your private tour today!
Source: STELLAR #W7873573
Source: STELLAR #W7873573
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.