1918 Arden Oaks Dr, Ocoee, FL 34761
4 beds · 4 baths · 3,244 sqft sqft
Seller is Extremely Motivated and Ready to Negotiate in a BIG Way! Luxurious Living in Arden Park South. Welcome to your dream home in this beautiful, gated community of Arden Park South. This meticulously crafted residence boasts exquisite architectural details and energy-efficient features throughout. Introducing the key features to this home are as follows: Spacious Open Floor Plan: Perfect for entertaining, the kitchen overlooks the family room and features granite countertops, 42-inch cabinets, and a large walk-in pantry. 2 Master Suite Retreats, one upstairs and one downstairs, indulge in superior master suites with spacious master bathrooms including a shower, and expansive walk-in closet. Versatile Bedrooms: Three additional bedrooms provides flexibility for a home office, playroom, or guest accommodations. Outdoor Oasis: Enjoy the covered lanai and fenced backyard, ideal for outdoor gatherings and relaxation. Arden Oaks South Community Amenities have provided a lot for their residents which includes 24-hour Envera monitoring, a community pool, clubhouse, park, playground and access to the West Orange Trail. This community is located in a prime location. Conveniently located near Highway 429, Forest Lake Golf Course, and top-rated schools. Just minutes to essential amenities including Publix, hospitals, and dining options. Don’t miss your chance to call this exceptional property home. Seller will include a Home Warranty to give the new owner peace of mind after purchase. Schedule your tour today! Attention!!! Colleagues, please read the Realtor Remarks!
Source: STELLAR #g5084887
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5084887
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 45-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: #g5084887