2260 Carriage Pointe Loop, Apopka, FL 32712
3 beds · 2 baths · 2,649 sqft
Under contract-accepting backup offers. Come see this home! **Assumable Mortgage at 3.25% (3.49% APR per lender)!** Welcome to this stunning 3-bedroom, 2-bathroom home in the desirable Carriage Hill subdivision of Apopka, offering over 2,600 square feet of modern living space. Built in 2021, this nearly new residence combines contemporary style with thoughtful design features, making it a perfect choice for anyone seeking comfort and convenience. As you enter, you'll be greeted by high ceilings and large windows that fill the space with natural light, creating an inviting atmosphere throughout the home. The open floor plan includes a formal living and dining room, a cozy family room, and a secondary dining area for casual meals. The gourmet kitchen is a chef's delight, featuring a breakfast bar, cooktop, double oven, and a sleek French door refrigerator. Accessible features such as pull-down functionality and pull-out cabinet inserts add both practicality and elegance to the kitchen. The accessible bathrooms further enhance the home's functionality and comfort. A versatile bonus room near the front entrance provides additional space for a home office, playroom, or guest accommodations. The split bedroom plan offers privacy, while the spacious laundry room adds to the home's convenience. The large corner lot provides plenty of room in the backyard for outdoor activities or future customization. Energy efficiency is a highlight, with solar panels with an assumable that keep the average power bills around $60 per month—an excellent benefit for eco-conscious buyers. Additional features include a 2-car garage, a water treatment system, and the opportunity to assume the existing mortgage at a competitive 3.25% rate. Located just off the 429, this home provides easy access to Central Florida's top attractions, including theme parks, beaches, downtown Orlando, and all that Central Florida has to offer. Don’t miss out on the chance to make this exceptional Carriage Hill property your new home!
Source: STELLAR #o6235309
Source: STELLAR #o6235309
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: #o6235309
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.