17551 Temple St, Montverde, FL 34756
3 beds · 2 baths · 1,701 sqft
Country home nestled in the quiet, historic town of Montverde, this charming 3-bedroom, 2-bath home offers a perfect blend of modern convenience and timeless appeal. A unique highlight is the versatile office/den situated just off the master bedroom, ideal for remote work or a cozy retreat. It could also be used for a baby's nursery. The exterior boasts a spacious .44-acre yard, perfect for outdoor activities and gardening enthusiasts or a great place to store your boat or RV. There are also two well-sized storage sheds (12x14 and 10x12), both equipped with electricity, provide ample space for tools, hobbies, and storage needs. The oversized 2-car carport ensures plenty of parking space for you and your guests. Recent upgrades include the replacement of the front deck, the side deck and their steps in 2023 and both sets of rear deck stairs in 2024, ensuring safety and a fresh look. NEW A/C UNIT was updated in 2022, offering efficient cooling throughout the home. In June 2024, the exterior siding received a thorough pressure wash, and the trim, awnings, shutters, and all three decks were freshly painted, giving the home a crisp and clean appearance. Located just a few hundred feet from the scenic bike trail or the public boat ramp to Lake Apopka, this home offers easy access to outdoor adventures. It’s also conveniently close to the town park, library, post office, and playground. Enjoy a leisurely stroll to nearby restaurants and the local ice cream shop, enhancing the small-town charm. All while being a short commute away from Orlando and the theme parks. The seller is a licensed real estate broker. Don’t miss the opportunity to view this delightful home in Montverde. Schedule your visit today and experience the perfect blend of history and quiet country living! SELLER WILL PAY 3% TOWARDS CLOSING COSTS and CONTRIBUTE $5,000 towards interest buy down for a full price offer!
Source: STELLAR #o6218001
Source: STELLAR #o6218001
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: #o6218001
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.