2675 STONEGATE CT, Clermont, FL 34711
**CHOOSE THE FINAL TOUCHES OF THIS HOME AT NO ADDITIONAL COST TO YOU!** **CHOOSE THE FINAL TOUCHES OF THIS HOME BEFORE CLOSING - ALL INCLUDED IN THE PRICE** Call agent for more information. Discover this elegantly renovated 4-bedroom, 3-bathroom sanctuary featuring a pool, situated in a serene cul-de-sac. Explore the opportunity to customize your dream home with unique finishes using ReUp’s Customize Your Dream Home Program, ALL INCLUDED in the sales price. Features: • Master Bathroom Retreat: Features a soaking bath tub, upgraded matte black faucet with shower wand for a true resort feeling and convenience. • New State-of-the-Art Upgrades for 2024: Including a new AC system, electric water heater, modern light fixtures, and ceiling fans. • Tastefully Designed Bathrooms and Kitchen: With new cabinets throughout the kitchen, waiting for the buyer to pick the countertop of their liking. Choose from 4 granite and 1 quartz options, all included in the price. • Oversized Lot: No rear neighbors. • Additional Renovations Included: Pool resurfacing, entire home painted (both exterior and interior) with Sherwin Williams paint, and completely renovated bathrooms with new vanities, toilets, mirrors, modern vanity light fixtures, and updated electrical switches throughout the home. • Flooring: luxury vinyl planks to perfectly complement your style. Located in a prime Clermont neighborhood, the home provides easy access to local amenities, shopping, dinning and entertaining. Don’t miss the chance to make this stunning residence your own. Schedule a showing today!
You may be able to put down less than the total down payment amount of $290,420 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: #o6209433