2777 Grand Central Ave, Tavares, FL 32778
5 beds · 3 baths · 2,605 sqft sqft
Stunning 5-Bedroom Home in the Heart of Verandah Park – Perfect for Your Family! Looking for a spacious family home in a fantastic community? Look no further! This 3-year-old DR Horton Hayden model is ready for you and your family to move right in. This home has been beautifully upgraded with Architectural Shingle Roof Beautiful professionally installed flooring thru out home. With 5 generously sized bedrooms and 3 full bathrooms, this home is designed for both comfort and functionality. The open-concept layout seamlessly blends the kitchen, dining, and family rooms, making it perfect for entertaining. The downstairs area also includes a bedroom and full bathroom, ideal for guests or multigenerational living, as well as a versatile flex room that can be customized to suit your needs. Upstairs, you'll find a bonus room, offering even more flexibility for play, study, or relaxation. The well-appointed kitchen is a chef’s dream, featuring an island with bar seating, abundant cabinet and counter space, and stainless steel Amana® appliances—ideal for hosting family gatherings or cooking your favorite meals. The spacious master suite offers a serene retreat with an ensuite bathroom, double closets, and plenty of room to unwind. Three additional bedrooms, a full bathroom, and a convenient laundry area round out the second floor, ensuring that everyone has their own space. Designed for modern living, this home includes the "Home is Connected" smart home technology package, giving you the ability to control key features from your smartphone, whether you're at home or away. Located in the sought-after Verandah Park community, this home offers not only great amenities but also a friendly, welcoming neighborhood perfect for family life. Don’t miss out on this incredible opportunity—schedule your tour today!
Source: STELLAR #o6258456
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6258456
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: #o6258456
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.