17243 GOLDCREST LOOP, Clermont, FL 34714
MAJOR PRICE REDUCTION, Highly Motivated Sellers! Impeccably maintained home built for families and entertainment! Boasting 4 Bedrooms and 2.5 Baths, this beautiful, open concept two-story home shows pride of ownership throughout. Freshly painted walls accentuate the wood-like tile that spans the entire first floor living area. The foyer/entryway space flows through to the seamlessly hidden pantry nook, finally ending in the gorgeous chef's kitchen. The granite countertops and stainless-steel appliances are highlighted by the sliding glass doors that maximize the indoor/outdoor space. Built for function and comfort, natural light floods the living room and compliments the high ceilings, melting the transition from the bottom common living area to the bedrooms upstairs. The oversized landing space on the second floor separates and feeds into every bedroom. The primary bedroom is spacious enough for a home office or seating area, leading into the large and comfortable primary bathroom. The remaining bedrooms are oversized and are accompanied by the convenient laundry area. Organization was prioritized throughout the home, even making its way into the garage with overhanging storage to create even more space. The fenced in back yard accentuates the size and keeps your home even more private and secluded. The clubhouse has a resort style community pool, fitness center and dog park. The desirable Serenoa community also boasts great seasonal activities surrounding holidays. Local farmers markets, Small Business Saturdays Artisan Markets, and Holiday Festivals such as the Mistlletoe Market are constantly in rotation around the area. With its close proximity to theme parks, shopping, and dining, there is also a unique opportunity to take advantage of the anticipated completion of the connections to US 27, Orange to Lake County and fast track to Disney Parks.
You may be able to put down less than the total down payment amount of $256,787 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6194732
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.