1963 8th St SE, Winter Haven, FL 33880
3 beds · 2 baths · 1,759 sqft
Under contract-accepting backup offers. This POOL house exudes mid-century charm, features three bedrooms and 2 bath sitting on .25 acres. The interior is a blend of nostalgia and modern comfort, with a large kitchen that serves a the heart of the home. Adjacent to it is the living room and formal dinning room, ideal for relaxation or entertainment and also intimate meals with your love ones. One of the highlights is the Florida room, which is connected with the rear porch, offering a serene view of the pool area, making it a perfect spot for enjoying morning coffee or evening sunsets. This house is well-maintained, with a three-year-old roof ensuring durability and peace of mind. Theres NO HOA, NO CDD and NO FLOOD ZONE to worry about. There's three car open garage for your convenience plus two open parking spaces. This charming home is nestled in a vibrant neighborhood, just minutes away from array of popular restaurant, bustling shopping centers, Legoland Florida Resort & Park, Banks and major lakes, offering the perfect blend of cenvenience and comfort. With its prime location, this property offers the best of both worlds-proximity to the lively amenities of Winter Haven and the tranquility of nearby natural attractions. Whether you're lookin for a permanent residence or a vacation home, this property provides an exceptional lifestyle in one of Florida's most charming cities. Just come and see!
Source: STELLAR #s5110598
Source: STELLAR #s5110598
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: #s5110598