2174 Camden Loop, Davenport, FL 33837
4 beds · 3 baths · 2,110 sqft
A Home Within a Home! This beautiful property is ideal for those caring for aging parents, accommodating a young adult, or seeking flexible living options. This Next-Generation home features a complete apartment with a separate entrance. Here are some standout upgrades for this property and main highlights: • Spacious 4-car driveway • Expanded kitchen cabinets in both kitchens • Elegant quartz countertops in the kitchen and bathrooms • Upgraded flooring throughout • A versatile office/den, allowing you to customize the space to your needs • True retreat master suite • Apartment kitchen equipped with a stove • Soundproofing between the main house and the apartment • Electric vehicle outlet in the garage • Corner lot with a fenced backyard and privacy hedges, plus potential space for a pool… Located in the beautiful, 24-hour manned gated golf club community of Providence, residents enjoy luxurious, resort-like amenities with low HOA fees and no CDD. Providence is the hidden jewel of Davenport, designed with active families in mind. Enjoy amenities such as a fully equipped fitness center, tennis courts, a resort-style swimming pool, lap pool, walking trails, a tot lot, a dog park, a restaurant, Pro-Shop, and much more! The Michael Dasher-designed, 18-hole course spans 7,046 yards, featuring championship tees and meticulously maintained greens. The in-house restaurant offers delicious breakfast, lunch, and dinner options with stunning views of the golf course. Plus, you're just minutes away from major highways and theme parks! Don’t miss this incredible opportunity—schedule your showing today!
Source: STELLAR #fc302272
Source: STELLAR #fc302272
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: #fc302272
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.