1863 ALTAVISTA CIR, Lakeland, FL 33810
Priced to Sell, Welcome to your dream home! Nestled in the beautifully gated, amenity-rich community of Terralargo!! This Stunning Five Bedroom Four bath home perfectly blends modern elegance and timeless charm. The Curb appeal Glows with a freshly landscaped garden, brick paved driveway, Tile Roof and spacious front porch and stacked stone exterior greet you as you pull up. As you step inside, you are greeted by an open concept Living area bathed in natural light, Featuring Granet countertops, Stainless steel appliances and a large breakfast bar. Equipped with a luxurious 2nd floor master suite delivering a serene retreat with its spa-like ensuite bathroom and enormous walk-in closet Three additional rooms on the second floor provide ample space for your family and guests. Two bedrooms share a guest bath with double sinks, granite countertops, and a shower/tub combo. The additional upstairs bedroom has its own attached full bath with shower/tub combo. Let's not forget about the first-floor bedroom sperate from the rest with its own bathroom. Outside you will enjoy the brick paved covered lanai which is fully screened in, perfect for you to unwind and enjoy the peaceful surroundings of the neighborhood. The patio is ideal for dining and summer barbecues. The home also includes a two-car garage and is conveniently located near shopping, and dining. Along with all the community amenities makes this home a dream come true. Don't miss the opportunity to make this exceptional property your forever home. Schedule your tour today!!HOA fees also include Internet and cable package.
You may be able to put down less than the total down payment amount of $46,151 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: #t3530954