1815 6th St SE, Winter Haven, FL 33880
3 beds · 2 baths · 1,292 sqft
Get a free consultation call with an expert in the mortgage assumption process.
*OPEN HOUSE SUNDAY 4/27 FROM 1PM TO 3PM* SELLER WILL CONTRIBUTE WITH BUYER"S CLOSING COSTS/PREPAIDS OR A MORTGAGE RATE BUYDOWN (Up to *ask listing agent - ONLY with Preferred Lender) This beautiful house features approximately 1,290 square feet of living space, offering three bedrooms and two bathrooms. The exterior showcases a charming farm-style fence in the front yard, a spacious yard with mature landscaping and inviting curb appeal, accentuated by a swing bench and a covered porch. Inside, the home boasts an open floor plan filled with abundant natural light. The spacious living area includes a ceiling fan, while the kitchen features stainless steel appliances, a stylish backsplash and granite countertops. Ample storage and a well-designed layout create a comfortable and functional living space. The primary bedroom is bright and airy, complete with a ceiling fan, wood flooring and plenty of natural light. The en suite bathroom includes a modern vanity, ample storage and a reach-in closet. The additional bedrooms are also spacious and bright, each equipped with ceiling fans and abundant natural light. The garage features an epoxy floor and a mini-split HVAC unit for added comfort. Additionally, the home includes a spacious laundry room with wall-mounted shelves for extra storage. The exterior living space is just as impressive, offering a large outdoor deck, a storage shed and a gravel seating area. The fenced backyard provides seclusion and plenty of space, surrounded by mature landscaping and an additional outdoor seating area, great for relaxing or entertaining. Roof 2024.
Source: STELLAR #O6286923
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6286923
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.