1963 8TH ST SE, Winter Haven, FL 33880
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!
You may be able to put down less than the total down payment amount of $184,850 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: #s5110598