1769 Standing Rock Cir, Oakland, FL 34787
3 beds · 3 baths · 2,216 sqft
Under contract-accepting backup offers. Check out this STUNNING TURN-KEY Bungalow Style home just off the WEST ORANGE TRAIL!!!! Located in the desirable community of OAKLAND TRAILS, is this meticulously maintained home. Offering 3 Bedrooms, 2.5 Baths and 2,216 SqFt of living space. Relax and enjoy the tranquil setting from the front porch or second story balcony. From the moment you step inside the foyer you are greeted by a spacious open floor plan, laminate flooring throughout the first floor, upgraded light fixtures, expansive window treatments, vaulted ceilings, surround sound speakers and impressive kitchen. Just off the foyer is the den/office with bench built in window seat. The half bath separates the kitchen and the office. The chef style kitchen boasts solid wood cabinets, expanded quartz counter tops with large island, tile back splash, stainless steel appliances, under and upper mounted lighting and closet pantry. The spacious dining/living room just off the kitchen offers sliding glass doors that look out onto the rear courtyard covered patio. Making your way to the second floor you are greeted with custom wood staircase. The second floor features an oversized primary suite with tray ceilings. Impressive master bath features quartz countertops, dual sinks, standalone glass shower and large walk-in closet with custom built ins. The upstairs utility room is located just off the master closet with access from the closet or hallway. Two additional bedrooms with walk in closets are just down the hall with a large second bathroom and access onto the second floor balcony. Rear entry garage with paver driveway offers additional parking. Just steps away from the front door is the community pool, playground, dog park, walking trail and plenty of sidewalks to enjoy the outdoors. Easy access to turnpike, highway 50 and just minutes to downtown Oakland, Winter Garden or Clermont. The West Orange Trail is a short walk or bike ride away. Enjoy the best of what West Orange County or South Lake County has to offer with Farmer’s Market’s weekly in Oakland, Winter Garden and Clermont plus shopping, restaurants, boat on the Clermont Chain of Lakes or Lake Apopka to the Dora Chain. Don’t miss this opportunity to live in one of the most sought-after places in Central Florida.
Source: STELLAR #o6240042
Source: STELLAR #o6240042
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: #o6240042