17312 Summer Sun Ct, Clermont, FL 34711
4 beds · 3 baths · 2,412 sqft sqft
Motivated Seller. Just reduced the price to sell! Custom home in guarded, gated and private Magnolia Pointe! Pulling into the neighborhood through the guard gates you immediately feel safe and secure of where you live. From the moment you pull into the cul-de-sac, the home welcomes you and gives you sense of pride. From the fountain in the front walkway, to the 8' wooden double doors, to the inviting landscaping and entering the home your eyes are pulled upward along the soaring columns to the 22' ceilings filled with natural light from the tall, arched windows. Ceramic inlays decorate the foyer and kitchen floors while wood laminate dresses the dining room and sitting room. The sitting room invites you into the room to read, relax with a glass of wine, and feel at peace. The family room is open to the kitchen and nook and is flanked by a classic oak staircase banister and spindles. The screened patio offers a space to dine and enjoy the great Florida weather. Even the sliding glass doors collapse into the wall opening the entire family room to the patio. A gas stove anchors the kitchen while 42" wood cabinets topped with crown-molding and a beveled-edge countertop bring a feeling of class to the kitchen . Upstairs the master suite offers his and hers closets, dual vanities, a walk-in shower, a soaking tub, and a balcony. On Clear nights, fireworks from Magic Kingdom can be seen. The 2nd and 3rd bedrooms share a bathroom at the end of the hall. The 3rd bedroom also has a balcony opening on the front of the home, giving light and a special feeling to this room. The 4th bedroom and 3rd bathroom are downstairs ready for your creative ideas for the space. The home is only 1 block from the community pool and the backyard is shaded with mature oaks. Other neighborhood amenities include a boat ramp on John's Lake, tennis courts, basketball, and a playground! Close to shopping, the turnpike, and in a great school zone. Come see and feel this wonderful home!
Source: STELLAR #o6232359
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6232359
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: #o6232359
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