2516 Pickett Ave, Saint Cloud, FL 34772
3 beds · 3 baths · 2,208 sqft
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
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5106768
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: #s5106768
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.