1949 Thompson Preserve Blvd, Bartow, FL 33830
3 beds · 2 baths · 1,447 sqft
New subdivision just off of highway 17! Welcome to the Thompson Preserve! Featuring a 2023 Newport floor plan with heated and cooled floor space of 1,447 square feet. 3 bedroom, 2 bath home on a corner lot. Underground utilities, lighting and a side walk throughout the community for your walking convenience. Stepping in the front door you are greeted with a spacious foyer flowing into the dining room, family room, kitchen area all with luxury vinyl plank flooring. The kitchen has upgraded cabinets, kitchen cabinet trash can drawer with granite countertops. Two bedrooms are to the right with a full bath in the middle also with quartz countertops. The primary bedroom is to the left and is carpeted. The primary bathroom flooring is tile, with quartz counter tops. The primary bathroom has two separate walk-in closets as well as separate shower and garden tub. Boasting vaulted ceilings, luxury vinyl plank flooring and an open floor plan. The back yard is fully fenced with pvc fencing as well as a storage shed and patio perfect for your outdoor entertaining. Residents will enjoy easy access to a wide range of medical facilities, golf course, shops and restaurants. Highway 17 is nearby for commutes to Bartow, Winter Haven, Lake Wales, Fort Meade and Lakeland. The Polk Parkway is approximately 11 miles away. Please make an appointment to see this lovely home. You will not be disappointed!
Source: STELLAR #l4947279
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4947279
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: #l4947279
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.