21 Peterlee Ct, Kissimmee, FL 34758
3 beds · 2 baths · 1,604 sqft
The Giselle is a spacious single-story 3 bedroom two bathroom plan with 2 car garage and covered lanai. Optimized to best utilize square footage, the covered front entry leads to front door that opens into the spacious living room. From here, a seamless transition is made into the dining area and kitchen, where the chef at your home will enjoy abundant counter space for food prep, closet pantry and plenty of natural light with a sliding glass door leading out to a covered back patio. A garage entry through the laundry room is great for dropping off wet or dirty clothes from sports and outdoor activities. A generous owner’s suite sits in a quiet location opposite the secondary bedrooms. The owner’s bath includes dual sinks & vanities, large shower enclosure, generous walk-in closet and bonus linen closet. Features include quartz counter tops, stainless steel appliances, ceiling fans, tile throughout and architectural shingle roof. This gem is located the beauty this is Poinciana in the peaceful and rustic Village VIII. The Association of Poinciana Villages(APV) is one of the largest homeowners associations in the United States. The 47,000-acre, unincorporated, suburban community encompasses both Polk and Osceola counties perfectly settled between Haines City and Kissimmee, Florida. The community is enriched by more than 26,000 homes, 200 businesses and more than a dozen recreational parks. The Association of Poinciana Villages maintains its core vision of continuing to be one of the best places in all of central Florida to live and raise a family. Other nearby points of interest include: Vance Harmon Park, Poinciana Medical Center, Medical offices, Shopping, Restaurants, Banking, Gas Stations, Deerwood Park, Charlie Wheeler Park, Darby Park, Andrews Park, Schools, Lake Marion Marina and the Poinciana Community Park. The price includes a paid off solar system which will save you on your utility expenses.
Source: STELLAR #tb8326041
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8326041
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #tb8326041
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.