1772 SPARKLING WATER CIR, Ocoee, FL 34761
This charming home at 1772 Sparkling Water Circle in Ocoee, Florida, offers a comfortable and convenient lifestyle in a well-established neighborhood. With 3 bedrooms and 2 baths, this property is perfect for families or anyone looking for a move-in-ready space. The home features a Pool and two Gazebos to make the outdoor pleasant experience, ensuring peace of mind and comfort from the moment you step inside. The split floor plan provides privacy and a functional layout, with the master suite separated from the other bedrooms. The open floor plan connects the living, dining, and kitchen areas, creating a spacious environment perfect for entertaining or spending time with family. The property boasts a large backyard, ideal for outdoor activities, gardening, or simply relaxing in the Florida sunshine. The 2-car garage offers ample storage and parking space. If you’re looking for a move-in-ready home in a great location, 1772 Sparkling Water Circle could be your perfect match. Located close to major highways, shopping centers, schools, theme parks, and the airport, this home offers convenience without sacrificing the peaceful feel of its established community. It’s an excellent option for those seeking both comfort and accessibility in a prime Central Florida location. Call today to schedule a showing. Request a tour as early as Tomorrow at 11:00AM Schedule Tour
You may be able to put down less than the total down payment amount of $219,624 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #s5111078