2845 Boating Blvd, Kissimmee, FL 34746
6 beds · 5 baths · 2,877 sqft
One or more photo(s) has been virtually staged. This is Well-maintained and immaculate property with 6 bedrooms, 4 1/2 bath and 2 car garage home in a renowned golf community. As you enter the home, you instantly find an inviting and spacious living/dining room; home is painted with light neutral color; 2 MASTER BEDROOMS - the largest is on the 1st floor & the other upstairs - perfect for extended or multi-generational family; the Chef’s delight kitchen is equipped w/stainless appliances & granite; the enclosed patio runs the length of the home; the yard is fenced w/a variety of fruit and floral plants (Avocado, Sorrel, Mango, Sugar Cane, Peas, Banana, etc.); the upstairs has the remaining 5 bedrooms plus a loft; hurricane shutters ($9,000 value), NEW ROOF only (2.5 YEARS OLD), SOLAR ($36,000 value) are included plus so much more. The Reserves at Shingle Creek represent Florida living at its best. Community amenities include basketball & tennis courts, nature trails, a playground, golf course & access to Lake Toho for boating, kayaking and fishing, conveniently located to schools, medical facilities, downtown Kissimmee, theme parks, airport, shopping and restaurants! This home offers the “good” life! Come discover YOUR new home!!
Source: STELLAR #o6226445
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6226445
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: #o6226445
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.