1756 Branchwater Trl, Orlando, FL 32825
4 beds · 3 baths · 2,695 sqft
Motivated seller!, price to sell! Gorgeous 2-story home in the highly sought-after Cypress Springs community. This home has it all. Featuring 4 bedrooms, 2.5 baths, and over 2600 square feet of living space, this property boasts a large screened lanai overlooking a tranquil pond. The family and dining areas are spacious with high ceilings, and there is a separate office or den at the front of the house that can easily be converted into a 5th bedroom. A solar water heater and solar panel system are included and fully paid. The home also includes an alarm system and furniture can be negotiated. Cypress Springs is a diverse, family-oriented community in East Orange County, Florida. The development features single-family homes (683) and multifamily residences (81) in the Villas of Cypress Springs community. The combined area encompasses approximately 360 acres of land, with 17 water retention areas and bodies of water. Amenities include a recreation area with a clubhouse, a picnic area, a 155,000-gallon swimming pool, a kiddy pool, and two tennis courts. The clubhouse is available to Cypress Springs residents for private parties. This property is conveniently located minutes from Waterford Shopping Center, Lockheed Martin, Siemens, UCF, and Orlando International Airport. It also provides easy access to major highways such as 408, 417, and 528. Make your appointment today! Note: The fridge does not convey. Act quickly as this one won't last long. Location! 15 minutes from the airport 20 minutes from Lake Nona 15 minutes from UCF 30 minutes from Disney 25 minutes from Universal Studios 16 minutes from downtown Orlando HOA fees, home square footage, and lot sizes should be independently verified.
Source: STELLAR #s5105422
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5105422
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: #s5105422
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.