2031 EATON ST, Maitland, FL 32751
*2.99% Assumable Mortgage Rate Available* Welcome to 2031 Eaton Street, a modern haven nestled in the up-and-coming neighborhood of west Maitland with no HOA! This renovated gem boasts 4 oversized bedrooms, 3 full bathrooms, and a sprawling 2518 square feet of living space on a 9,998 square foot double lot. Step inside to discover a spectacular open floor plan with new flooring throughout. Unwind by the wood-burning fireplace in the spacious sunken living area, perfect for cozy gatherings. This home boasts not one, but two, sets of charming French doors leading out to a spacious screened in Florida room. The indoor-outdoor space offers versatility for relaxation and entertainment, while the private outdoor deck provides a serene retreat for al fresco dining and lounging. End your night by roasting marshmallows in the outdoor fire pit in the fully fenced in, private backyard. The heart of the home is in the recently renovated kitchen, where culinary delights come to life amidst Quartz countertops, an oversized island, modern shaker cabinets, newer stainless steel appliances, and an entire wall of pantry storage. The impeccably placed kitchen desk doubles as a drop off zone as you enter the kitchen from the two-car garage. The soaring ceilings of the dining room create a modern and elegant dining experience for family and guests. The separate and spacious front bedroom and full bathroom are an in-laws dream come true, offering additional privacy for house guests. The spacious primary bedroom offers a sanctuary of relaxation with ensuite bathroom, vanity dressing area and walk-in closet. Two additional bedrooms offer space and comfort for loved ones. Minutes from I-4, Winter Park shopping and dining, and the heart of Maitland, this home is tucked just outside of the hustle and bustle all of Orlando has to offer. The theme parks and airport are all under 30 minutes away! Don't miss out on the chance to call this contemporary oasis your own in this vibrant neighborhood. Embrace the appeal of modern living at 2031 Eaton Street, where style, space, and comfort converge.
You may be able to put down less than the total down payment amount of $271,773 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: #o6187146
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.