2005 Blackbird Dr, Apopka, FL 32703
3 beds · 2 baths · 1,862 sqft

Get a free consultation call with an expert in the mortgage assumption process.
Expect to be impressed with this move-in ready home in the desirable Meadows of Maudehelen community. Notable features: (1) Solar power helps keep the electric expenses low – it has cut the bills in more than half (Seller is offering $10k credit towards Solar/Roof), and (2) a water softener system was installed less than a year ago. Layout features common living space and bonus room in the heart of the home and a split bedroom plan. Step inside to formal dining space that can seat a crowd. This is open to your living room – another great gathering space. Gourmet style kitchen overlooks the living room and boasts granite counters, breakfast bar, 42” raised panel cabinetry, attractive tile backsplash, closet pantry and eat-in nook w/direct access to back porch. Appliances included. Split bedroom plan with master suite on one side of the home overlooking the backyard – ideal for privacy. Bedroom is large enough for a sitting area or private desk. The ensuite bath features a dual sink vanity and shower. The bonus space off the living room has French doors and would be perfect as an office or playroom, or spot for hobbies, fitness, etc. - versatile to arrange to suit your needs. The spacious interior laundry room has a handy work sink and a convenient storage closet. Another big reason to love this home is all that you have out back. There’s an expansive covered porch - plenty of room for leisure furniture, including a dining spot and grill station. The yard is fully fenced, giving you privacy when you are enjoying fun in the sun. Overall great location – you are in a good school district and less than 10 minutes to essential shopping, SR 441, SR 429 and SR 451. This home SHINES, both inside and out. Come see all that makes it so special!
Source: STELLAR #O6287604
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6287604
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
