1806 Crownwood Dr, Orlando, FL 32810
3 beds · 2 baths · 1,497 sqft
Welcome to this charming home located at 1806 Crownwood Drive in Orlando, Florida. This newly listed 1,497-square-foot property offers three bedrooms and two bathrooms, providing comfortable living spaces for the whole family. The house has been thoughtfully updated with several modern improvements. The kitchen shines with new quartz countertops, stainless steel appliances, and beautifully refaced cabinets. New recessed lighting throughout creates a bright and inviting atmosphere, complemented by fresh interior paint. A significant upgrade includes whole-house re-piping completed in 2021, ensuring peace of mind for years to come. The outdoor space is equally impressive, featuring a large fenced backyard perfect for outdoor activities, gardening, or simply relaxing. The property includes a convenient two-car garage with a separate entrance, and a long driveway provides ample parking space for residents and guests. The location offers easy access to local amenities, with Sacks Grocery Outlets just a short drive away for your daily shopping needs. Nature enthusiasts will appreciate being near the Audubon Center for Birds of Prey, offering unique opportunities to connect with local wildlife and enjoy outdoor activities. This home has NO HOA, allowing for more financial flexibility. The well-maintained structure and recent improvements make this house ready for its new owners to move in and make it their own.
Source: STELLAR #O6272374
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #O6272374
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.