2219 CYPRESS CROSS LOOP, Lakeland, FL 33810
Check out this beautiful LAND OWNED property in beautiful Cypress Lakes Golf Community. This home is located on a large corner lot and has 2 bedrooms, 2 bathrooms and a screened in & air conditioned lanai (window unit GE w/ Wi-Fi 12,000 BTU). There is also a golf cart garage/or workshop! Kitchen includes upgraded countertops, updated sink faucet/sprayer to Moen, newly installed slide out shelves in 3 base cabinets, updated hinges and pulls on cabinets, new LED lights and added FEIT Wi-Fi/manual switches. Living room has a new 6ft ceiling fan/light with remote control and newly installed IKEA ball light and FEIT switch. The guest bedroom has updated ceiling fan/light, auto on/off light in closet and a 43" Samsung Smart TV and mount (that can stay or go). The Primary bedroom has a 55" Samsung Smart TV and mount (can stay or go), has been freshly painted (2024), and also has auto light in the closet. The primary bathroom has an updated floating vanity, sink, faucents, and mirror all from IKEA, updated light fixtures, installed larger closet door and extended shelves. The guest bath also has new lights with FEIT switch, new mirror, updated shower head with Moen Magnetic handheld shower head, installed easy access panels and local shutoffs for shower head and control, replaced original tub controls and faucet with Delta dual handle shower control, installed accordion doors at laundry for better access (located in bathroom closet). Maytag dryer and GE washer can stay or go. The whole has a NEW AC (2021) and ducts with a 10 yr limited warranty, NEW Rheem HYBRID hot water heater (2021) 40 gallons, w/ Wi-Fi and opt leak sensor + pipe and fittings (10 year warranty), BRAND NEW WINDOWS THROUGHOUT ENTIRE HOME (2023), new rubber roofing over front lanai and trim to add insulation (2022), painted shutters (2024), Ring alarm and doorbell included, garage door opener with battery backup (2022), Installed riverston around home (2021), flagpole anchor and pole with solar light, and smart sprinkler controller (located in primary bath closet). This home has it all! It's a golfers dream! Amenities include 2 pools, 2 hot tubs, fitness center, fitness instructors, tennis courts, Bocci ball courts, pickleball, horseshoes, clubhouse, 24 hr manned guarded gate, lawn maintenance and of course a championship golf course. All of this just within minutes from major roadways, restaurants, and shopping. Also right outside the community is Gator Creek reserve one of Polk county's most popular hiking areas that expands over 2700 acres! MOTIVATED SELLER!!! 6 lights, thermostat, hot water heater, lanai AC, main entrance deadbolt, ring doorbell and ring alarm are all controllable through apps while home or away.
You may be able to put down less than the total down payment amount of $95,221 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #l4946471
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.