2240 Coolbrook Ct, Oviedo, FL 32766
4 beds · 2 baths · 2,063 sqft sqft
Gorgeous FOUR-Bedroom, Two-Bath Estate Home Backing to Wooded CONSERVATION AREA with No Rear Neighbors in Sought-After Riverside at Twin Rivers in the Heart of Oviedo! HOLY COW! You Can only love being within WALKING DISTANCE of our Nearby A+ Seminole Schools…and Living on a Quiet Cul-de-Sac means NO Thru Traffic for Tranquil Living! <br><br> Home Exterior Just REPAINTED and a Brand-NEW Heat & AC Unit in June 2024 means Years of Comfortable, Worry-Free Living for You! Say Yes! <br><br> Flexible Floorplan with Formal Living and Dining Rooms AND a Family Room Separated by a Dramatic Interior Arch… AND a Large Eat-In Kitchen with Breakfast Bar Overlook Lush Green Views of the FOREST Just on the Edge of Your Backyard! <br><br> Remodeled MASTER BATH with Extra-Large His-&-Hers Shower with TWO Showerheads! Huge 12x6 Walk-In Master Closet will give You Room to spare! <br><br> Bright Ceramic Tile and Brazilian-HARDWOOD Flooring Throughout entire Home (with only one Bedroom with Carpeting!) <br><br> Your Family Will LOVE Living in the lush Riverside at Twin Rivers with its Well-Managed HOA only costing $192/year! Your Kids can WALK to School and All of Oviedo and Central Florida is within a Short Drive Just like you Want! <br><br> Golfers Will Appreciate the Twin Rivers Golf Club being just 10 minutes Away! Our Famous Oviedo in the Park with its numerous Restaurants, Outdoor Space and near-constant Special Events and Festivals is Just around the Corner! Live less than 20 minutes from The University of Central Florida (Americas Second Largest University) and the Research Park & Siemens! With the 417 On-Ramp at Red Bug Lake Road only 15 minutes Away, Sanford’s First Street Entertainment & Dining Area, & Either the Sanford Airport, or the Orlando Airport are both within a quick 30-Minute Drive! Enjoy Your Day at either Cocoa Beach or the Orlando-Area Theme Parks less than an hour away too! <br><br> Property is all on ONE Level with No Stairs. Washer-Dryer Hookup are in dedicated Laundry room between Kitchen and Garage. Room Sizes, Schools, HOA Info and Square Footage are Deemed Accurate, but are not Warranted. <br><br> Amazing, Sought-After Seminole County Schools: Partin Elementary, Lawton Chiles Middle, Hagerty High School! Say YES! <iframe width="830" height="450" src="https://www.youtube.com/embed/vcPLTP2CAXI?si=TNh1TYskl_KB0Vnz" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
Source: STELLAR #o6224324
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6224324
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: #o6224324
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.