215 Captain Hook Way, Davenport, FL 33837
3 beds · 2 baths · 1,844 sqft
A must see in the desirable gated community of Crows Nest Estates. The new owner will reap the benefits of the paid off solar panels! As you arrive at this home you will notice the inviting curb appeal with its well maintained yard. Entering this home you will notice the open bright feel with plenty of natural light. At the front of the house is a flex space which is currently being used as an office but could easily be a 4th bedroom with the addition of a closet. Dining room is spacious and perfect for all your family gatherings. Kitchen comes complete with solid wood cabinets, granite counter tops, stainless steel appliances and a eat in nook area. Grand living room is perfect for family gatherings overlooking the backyard. Primary bedroom is a good size complete with en suite bathroom. En suite bathroom is the perfects owners retreat with dual sink vanities, large walk in shower and large walk in closet. Guest bedrooms on the other side of the house are both a good size. Guest bathroom comes complete with single sink vanity and shower/tub combo. Backyard is perfect for relaxing with a huge screened lanai (12x40) and above ground pool that is nice and private with a fully fenced back yard. This home comes with solar and a large storage shed. Washer and dryer also included with the sale. Home has recently had all new interior paint making the interior of this home nice and bright AC is 2 years old and comes with transferable warranty. Gutters were added to this home a few months ago. The above ground pool maybe taken down but the fully functional hot tub which is hard wired to the house will stay.
Source: STELLAR #l4947400
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4947400
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: #l4947400
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.