2537 E CROOKED LAKE DR, Eustis, FL 32726
Indulge in the ultimate lakefront lifestyle with this exquisite home featuring private access to the spring-fed East Crooked Lake, known for its pristine waters and breathtaking sunsets. A newer, expansive dock built with the premium WearDeck product and equipped with boat and jet ski lifts invites you to fully enjoy all that East Crooked Lake has to offer. Step onto the patio with breathtaking lake views, perfect for gatherings and soaking in the natural beauty that surrounds you. Inside, the primary suite offers a large sitting room with stunning lake views, a custom walk-in closet with expansive built in storage, and a spacious bathroom with a jetted garden tub. Additionally, this home features 3 more bedrooms complete with on-suite bathrooms. The main floor welcomes you with an open layout, showcasing a spacious living room adorned with large windows to capture the lake views, and a well-equipped kitchen featuring wood cabinets, granite countertops, and modern appliances. Adjacent, a cozy breakfast room and den, warmed by a wood-burning fireplace, offer a serene retreat. Downstairs, level with the garage and offering a private entrance, discover a generous den, convenient kitchen, and a private bedroom with its own en-suite bathroom, perfectly suited for guests or multi-generational living. Additional highlights include a spacious laundry room and ample storage throughout. The roomy 3-car garage includes a "hidden" 13 x 8 air-conditioned storage room, perfect for storing belongings in a climate-controlled environment. Situated in a sought after neighborhood, you'll be just minutes away from downtown Eustis and Mount Dora, providing numerous shopping, dining, and entertainment choices. This home not only promises luxurious living but also offers practicality and comfort in every detail, making it a perfect retreat for enjoying lakefront living at its best.
You may be able to put down less than the total down payment amount of $478,258 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: #g5084533