209 Sofia Ln, Lake Alfred, FL 33850
5 beds · 3 baths · 2,674 sqft
SOLAR PANELS TO BE PAID OFF BY SELLER AT CLOSJNG! ELECTRIC BILL AVERGAES ONLY $25 PER MONTH! HUGE FUTURE SAVINGS TO ANY BUYER! Discover the Charm and Convenience of the Hayden Model by DR Horton, Nestled in Eden Hills. This Two-Story Single-Family Home Blends Modern Comfort with Serene Living, Making it Perfect For Families, First-Time Buyers, or Anyone Seeking a Peaceful Retreat. The Hayden Model is Designed with an Open-Concept Floor Plan, Walk-In Pantry, Island Kitchen with Beautiful Pendant Lighting, Offering a Bright and Airy Living Room That’s Ideal for Entertaining or Relaxing. Carpeted Floors Throughout The Living Areas Provide Added Warmth and Comfort. First Floor Has One Bedroom and a Full Bathroom with Shower/Tub Combo. The Kitchen Features High-End Stainless Steel Appliances and Tile Flooring. It’s a Functional and Stylish Space for Preparing Meals and Gathering with Loved Ones. The Second Floor has an Expansive Primary Bedroom Offering a Private Sanctuary with a Walk-In Closet, Ceiling Fan and an En-Suite Bathroom Featuring Dual Vanities and a Shower. On the Second Floor, there are also Three Additional Bedrooms, One Additional Bathroom, a Loft and a Laundry Room with Side-By-Side Washer and Dryer! Equipped with SOLAR PANELS, This Home Offers Significant Energy Savings Off Your Electric Bill, Making it Both a Great Environmentally Friendly and Cost Savings Choice. The Space is Versatile and Ready for Your Personal Touches, Whether it’s a Garden, a Play Area or Future Enhancements. A Spacious Two-Car Garage Offers Plenty of Room for Parking And Storage. This Home is Ideally Situated Near Major Highways, Offering Easy Access to Local Attractions. Nearby Shopping, Dining and Recreational Opportunities Abound, Including The Beautiful Lakes That Lake Alfred is Known For.
Source: STELLAR #O6231747
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 #O6231747
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.