2516 Pickett Ave, Saint Cloud, FL 34772
3 beds · 3 baths · 2,208 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Twin Lakes ~ The Premier 55+ Gated Community Offering a Luxury Resort Lifestyle.This COCOA Model is LOADED and Move-In Ready! Located on a PREMIERE LOT with No Front or Rear Neighbors! The Extended Brick Paved Lanai Offers Addl Outdoor Living Space, Fully Covered, Screen Enclosed and Plumbed for a Summer Kitchen. The Interior Features 3 Bedrooms, 2.5 Baths, 2+ Car Garage, Great Room with Kitchen, Dining & Living Rooms, Large Master Suite, 2nd & 3rd Bedrooms, Guest Bath + Powder Room, Pocket Office, Inside Laundry & Lanai. This Home Features an Open Floorplan Centered Around the Gourmet Chefs Kitchen. Large Center Island with Granite Countertop, Pendant Lighting, Sink & Storage. All Stainless Appliances Incl. Gas Range with Rangehood, Built-In Double Ovens. Granite Countertops, 42 Cabinets and Mosaic Tile Backsplash. Neutral Pallet Throughout with Upgraded Barnwood'' Tile in Main Living Areas. Master Suite Features Decorative Tray Ceiling, Oversized Walk-In Shower with Dual Shower Heads, Seating and Glass Enclosure, Dual Sinks with Granite Countertop, Linen Closet, Large Walk-In Closet & Private Water Closet. Spacious Domestic Suite Includes Walk-In Pantry, Washer & Dryer Hook-ups, Utility Tub and Cabinets for Additional Storage with Granite Countertops. Addl Features Include Pelican Water Conditioner, Under Cabinet Lighting, Rain Gutters, Security Cameras, Wired for Surround Sound & More! HOA Fee Includes All Amenities - State-Of-The-Art Fitness Center, Sauna, Heated Swimming Pools, Lap Pool & Spa, Tennis, Pickle-Ball, Basketball & Bocce-Ball Courts, Community Boat Dock for Fishing & Boat Rental, Putting Green, Dog Park, Community Gardens, Stunning New Clubhouse with Gathering Room, Game Room with Billiard Tables, Poker Room, Outside Patio Area Plus a Ton of Community Interest Groups. Close to Lake Nona and DownTown St. Cloud with Shopping and Restaurants. Convenient to Lake Nona VA Hospital & Medical City, Orlando Intl Airport, Theme Parks, Beaches and Major Roadways.
Source: STELLAR #S5106768
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5106768
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.