1730 Imperial Palm Dr, Apopka, FL 32712
3 beds · 2 baths · 2,246 sqft sqft
MAJOR PRICE IMPROVEMENT Lovely home located in desirable Palms community in Apopka. The kitchen features Marble counter tops and a breakfast bar that's great for entertaining. This home has plenty of natural light with two living room sky lights and a massive ceiling fan to help keep the area cool. The kitchen is part of the large open floor concept so you have a great view of your common areas. The house features ceramic tile in all the common areas and laminate flooring in all the bedrooms and the den. The dinette area is cozy with plenty of room for a dinette set. The living room leads out to the large enclosed sunroom that's great for entertaining. The master bedroom features a large walk-in closet, ceiling fan and laminate flooring. The master bathroom has double sinks, large tub and separate stand up shower. If you to like to formally entertain with the family or friends you have a generously sized dining room. The home features den that can be used as an office, play area or add your own decorative touch and use it as an addition to your large family room. Do your laundry in the comfort of your laundry room. The outdoor patio was recently refinished, The backyard also features an above ground pool to keep you cool during those hot months and firepit for those cool evenings. Located minutes from Wekiwa Springs State Park, Cranes Roost in Altamonte Springs. CURRENTLY THE COMMUNITY IS UNDERGOING THE WEKIVA SPRINGS CONVERSION FROM SEPTIC SYSTEM TO SEWER
Source: STELLAR #o6142423
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6142423
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: #o6142423
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.