18505 Starry St, Orlando, FL 32833
5 beds · 3 baths · 3,153 sqft
NEW ROOF 2022, NEW GAS STOVE TOP 2024, NEW AC 2023, NEW HYBRID WATER HEATER 2021, WATER SOFTENER SYSTEM!!!! Your new home is complete with 5 bedrooms (or 4 & and office) all on one level. The kitchen has 42” updated wood cabinets, a large island, granite countertops, double convection ovens, and there's even a plumbed pot filler over a gas stove. It is an entertainer's dream. Cathedral ceilings in living areas make the home feel spacious, open and bright. Do not miss the master bathroom. It could be your spa and retreat after a long day!. Gorgeous wood laminate flooring runs throughout most of the home. You will appreciate that all 3 bathrooms are updated. This home boasts one of the premier homesites in the community with over 1 acre of land to do as you please. Plenty of room to add that detached garage, a swimming pool, or store your RV and/or boat. Set up a private showing today! The community of Wedgefield is Orlando's best kept secret! Offering an ideal location on the east side of town. With plenty of places to shop in nearby Avalon and Waterford Lakes Center and with easy access to SR528 and the International Airport (MCO) just 10 minutes away. So much to do here like taking the family to the Wedgefield Park which features a pickleball court, basketball court, sand volleyball court, play ground, dog park, baseball field, walking and exercise path, and even Wedgefield's public Golf course too. With an optional $50 annual HOA, you won't enjoy a better deal! From the community entrance at SR520 you are about 25 minutes from Cocoa Beach, Port Canaveral (Cruising), or watch a rocket launch at Titusville - Kennedy Space Center.
Source: STELLAR #o6213478
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6213478
Source: Public records
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 30-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: #o6213478
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.