1829 Brackenhurst Pl, Lake Mary, FL 32746
4 beds · 4 baths · 3,672 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Price improved and available for quick move-in! Elegant single-story estate in the gated community of Carisbrooke, perfectly situated along the highly sought-after Markham Woods corridor! This exceptional custom-built, Charles Steffey 4-bedroom home is nestled on a picturesque 1+ acre private lot, featuring lush landscaping, mature trees, a brick-paved circular driveway, and timeless architectural charm. A three-way split floor plan provides the perfect balance of style, functionality, and space, making it ideal for growing families or those looking to downsize. Detailed craftsmanship, high ceilings, paired with wood and tile flooring throughout highlight the home's distinctive design appeal. The gourmet kitchen, opening to the family room, features 42” cabinetry, a spacious island, a large walk-in pantry, and plenty of seating options at the breakfast bar and nook. A two-sided fireplace, shared between the formal living room and breakfast nook, enhances the home’s warm and inviting ambiance. The relaxing primary bedroom, with pool access, dual walk-in closets, an en-suite bath, and nearby executive office and guest half bath, are situated on one side of the home. Three additional bedrooms and two full baths are located on the opposite side. The extensive covered lanai with pond view, massive cabana, resort-style pool, spa, and summer kitchen is perfect for endless outdoor entertaining. The property has been meticulously maintained and includes newer AC units and pool/spa heater. Carisbrooke offers unparalleled access to major highways, Seminole County’s top-rated public and private schools, over 25 miles of scenic trails, sports and soccer fields, premier golf courses, country clubs, multiple grocery stores, and exceptional nearby shopping, dining, and entertainment venues. Don't miss your opportunity to live in one of Lake Mary's premier communities. Schedule your private showing today!
Source: STELLAR #O6276891
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 #O6276891
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 and Equal Opportunity Act.