2747 Kissimmee Bay Cir, Kissimmee, FL 34744
4 beds · 4 baths · 3,177 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Sitting on an oversized lot with mature landscaping, this beautifully maintained and thoughtfully updated 4-bedroom, 3.5-bathroom home in the gated golf community of Kissimmee Bay is ready for a new owner. Nestled on the 18th hole, this home offers stunning golf course views and a spacious, traditional floorplan that adapts to your lifestyle. Inside, you are greeted by formal living and dining spaces, an updated kitchen with stainless steel appliances, a glass tile backsplash, and ample cabinet and countertop space. A wet bar adds an extra touch of convenience and sophistication, perfect for entertaining. The first-floor primary suite boasts a luxury ensuite featuring a dual vanity, garden tub, and oversized tile shower. The back of the house features an in-law suite with a sitting area, separate kitchen, bedroom, and access to the patio. Upstairs, two bedrooms share a large bath—one bedroom features a private balcony. Cozy up by the fireplace on cooler evenings, creating a warm and inviting atmosphere. Hard surface flooring throughout—NO CARPET—plus a large first-floor laundry with built-in cabinets and a utility sink. The brick paver circular driveway and tile roof enhance the home's curb appeal. Kissimmee Bay Country Club residents enjoy premium amenities, including two clubhouses, a community pool, tennis, pickleball, and boat access to Lake Toho. This prime location offers convenience to schools, shopping, dining, and major highways, with easy access to Orlando’s world-class resorts and entertainment. ? MUST SEE—Check out the 3D tour online and schedule your private viewing today!
Source: STELLAR #O6286557
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6286557
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.