2641 PARK RIDGE ST, Apopka, FL 32712
PRICE REDUCTION & MOVE-IN READY! Better than new home in "Oaks at Kelly Park" within a mile to the NEW PUBLIX at KELLY PARK CROSSING SHOPPING CENTER, and the upcoming WYLD OAKS, SHOPPING, DINING and TWO BOUTIQUE HOTELS development that just broke ground along with it's easy access to the 429. Zoned for the BRAND NEW KELLY PARK SCHOOL K-8. This home has it all with 4 bedrooms and 3.5 baths that is welcoming and thoughtfully designed from the covered front porch to it's exceptional interior. With a modern and elegant design, the centrally focused Gourmet Kitchen features a Natural Gas Cooktop with Vented Hood, Quartz Countertops, a Large Island with seating and is ideally suited for great entertaining, and a walk in pantry. The home's open concept layout gives an expansive overlooking view from the kitchen, dining and living space through to the Oversized, Covered and Enclosed Lanai. NO REAR NEIGHBORS! The Master Bedroom Suite includes a Generous Walk-in closet, a Spa-like bathroom highlighted by Dual-sink Vanity, Enclosed shower, large linen closet, and private water closet. The secondary bedrooms are split, two near front of house off the hall with a full bathroom between, the fourth and private bedroom is en-suite with a full bathroom and has a walk-in closet. There is additionally another separate half bath centrally located. UPGRADES added to the home include RAIN GUTTERS, WHOLE HOUSE WATER PURIFICATION & SOFTENING SYSTEM, LARGE SCREENED ENCLOSURE W/ PAVERS, CEILING FANS AND DECORATIVE LIGHTING, AND INSULATED GARAGE DOOR. This house has it all ready for you to move in and enjoy! All information should be independently verified, room sizes are approx. See floorplan https://listing.apexinnovationsmedia.com/2641_park_ridge_st-8497?branding=false
You may be able to put down less than the total down payment amount of $36,280 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: #o6209635
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.