2048 Gloria Oak Ct, Orlando, FL 32820
4 beds · 3 baths · 2,635 sqft
Stunning 4-Bedroom + Office Home in Cypress Lakes – Prime Location & Resort-Style Amenities! Welcome to this beautifully designed tri-split floor plan home in the sought-after Cypress Lakes community, just 0.3 MILES TO THE CLUBHOUSE, featuring a resort-style pool with waterslides, lap lanes, a fitness center, billiards lounge, playground, tennis, and pickleball courts! Step inside and be greeted by WIDE HALLWAYS and a welcoming foyer, leading to a dedicated OFFICE/FLEX ROOM with FRENCH DOORS and a formal dining area—perfect for entertaining. The spacious kitchen is the heart of the home, boasting 42-inch WOOD CABINETS, stainless steel appliances, a large island, and PENINSULA SEATING FOR FOUR, plus a bright eat-in nook that comfortably fits a table for eight. A SKYLIGHT and tri-sliding doors fill the space with NATURAL LIGHT, leading to a screened-in lanai for SEAMLESS INDOOR/OUTDOOR LIVING. The private primary suite is tucked away at the rear of the home, featuring DUAL WALK IN CLOSETS, separate vanities, a large garden tub, and a walk-in shower. On the opposite side, you'll find three guest bedrooms, including a secondary suite with an en-suite bath, ideal for guests or a mother-in-law suite. Enjoy a FULLY FENCED IN BACKYARD with easy maintenance, a THREE CAR GARAGE, and a SEPARATE LAUNDRY CLOSET. Centrally located with quick access to 408 & 417, just minutes from Waterford Lakes Town Center, UCF, Siemens, and the Space Coast. Don't miss this incredible opportunity—schedule your private showing today! ROOF 2023 | WATER HEATER 2024 |SELLER TO PAY OFF SOLAR AT CLOSING
Source: STELLAR #O6276454
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 #O6276454
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.