2225 Cindy Cir, Orlando, FL 32818
3 beds · 2 baths · 1,290 sqft
No HOA!! Welcome to this charming and cozy well maintained 3 bedroom, 2 bathroom solid block home tucked into a cul-de-sac in a quiet neighborhood of Orlando. The property features a large bonus Florida room with a window unit AC just outside of the sliding glass doors in the dining area leading out to the spacious fenced in backyard. This setup is perfect for hosting events and catering to your family and guests. Equipped with a spacious living room and ceramic tile flooring all throughout the home, as well as granite kitchen countertops and plenty of cabinetry for storage. The laundry area is located inside the enclosed 1-car garage. Newer electrical panel and New water softener for your convenience. Step outback into your SPACIOUS fully fenced in backyard for added privacy and enjoy the large above ground pool to cool off during those hot sunny days. Conveniently located near schools, shopping, dining, I-4, 408, and 429 highways and close proximity to Downtown Orlando offering the perfect balance of comfort and accessibility to all of the necessities. Don't miss the opportunity to make this charming house your new home or investment property! Schedule your private tour today!!
Source: STELLAR #o6258653
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6258653
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: #o6258653
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.