2420 Fontainebleau Dr, Orlando, FL 32808
4 beds · 1 baths · 1,214 sqft sqft
Discover elegance and convenience in this beautifully updated 4-bedroom home located in the prestigious Normandy Shores Section 01 of Orlando. This single-family residence highlights a fusion of modern updates and stylish comfort, making it a perfect sanctuary for any lifestyle. It boasts a durable new roof installed in 2018, freshly laid wood laminate and tile flooring, and extensive updates to essential systems such as air conditioning, electrical, and plumbing. The heart of the home is its gourmet kitchen, equipped with soft-close wood cabinets, luxurious granite countertops, and high-end stainless steel appliances—ideal for both casual family meals and upscale entertaining. Situated on a generous quarter-acre corner lot, the property offers expansive outdoor space for hosting gatherings or enjoying quiet evenings under the stars. The home's interior is a showcase of subtle elegance with crown molding, updated baseboards, and a tastefully renovated bathroom enhancing its visual appeal. Central heating and cooling provide a comfortable atmosphere throughout the seasons. This property represents a unique opportunity to own a turnkey home in one of Orlando's most sought-after neighborhoods, blending refined aesthetics with functionality and comfort. Make this stunning home yours by scheduling a private showing today!
Source: STELLAR #o6197892
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6197892
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.
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: #o6197892