232 RED MAPLE DR, Kissimmee, FL 34743
Welcome to your new sanctuary at 232 Red Maple Drive! This peaceful 3-bedroom, 2-bathroom home is perfectly situated in a highly sought after neighborhood with NO HOA, offering both comfort and convenience. Easy access to major freeways, and minutes from the the loop, where shopping meets endless dining. As you step inside, you’ll be greeted by a spacious and inviting living space that flows seamlessly into the separate dining space, ideal for entertaining family and friends. The well-appointed kitchen features modern appliances and granite counter tops. Enjoy the beautiful view of the backyard with no rear neighbors, open conservatory. The large glass windows allow for beautiful natural lighting, peace and tranquility. The master suite is a true retreat, complete with an en-suite bathroom for added privacy with a walk-in closet and exceptional natural lighting. Two additional bedrooms provide versatility for guests, a home office, or a growing family. Enjoy the outdoors in a fully enclosed oversized lanai or the large private backyard, fully fenced, and perfect for summer barbecues or quiet evenings enjoying the sunsets! Location is key! This home is just minutes away from a variety of shopping options, dining, and recreational facilities. Plus, with easy access to the freeway, your commute is a breeze. Don’t miss your chance to make this charming property your new home! Schedule a viewing today and discover all that 232 Red Maple Drive has to boast.
You may be able to put down less than the total down payment amount of $214,392 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: #o6240945