287 LAKE SMART CIR, Winter Haven, FL 33881
Welcome to your dream home in Winter Haven! As you drive up to your new home, you will be immediately relaxed by the lovely view of Lake Smart. This stunning 2021-built residence offers the perfect blend of modern elegance and cozy comfort. Situated in a serene neighborhood, this home features a covered patio, ideal for relaxing evenings or entertaining guests. Upon entering, you'll step into a spacious entryway. The first two bedrooms are to your right, along with a shared full bathroom. Walk a bit further and there is a hall leading to the third bedroom with its own full bathroom. In the same hall, there is access to an indoor laundry room and the 2-car garage. At the end of the entry hall, you reach the open concept living room, dining room, kitchen combo. The kitchen is a chef's delight with dark cabinets contrasting beautifully with light quartz countertops. It boasts top-of-the-line appliances and a LARGE island, perfect for meal preparation and casual dining alike. Throughout the home, you'll find meticulous attention to detail and high-end finishes. From the beautifully manicured landscaping to the pristine interior, every corner exudes quality craftsmanship and modern charm. With a split concept design, the primary bedroom offers a peaceful retreat with a walk-in closet and luxurious ensuite bathroom, complete with a spa-like atmosphere. The guest bedroom also features its own full bathroom, providing privacy and convenience for visitors. Outside, the covered patio provides the perfect spot to enjoy the Florida weather year-round. Whether you're sipping your morning coffee or unwinding after a long day, this outdoor oasis is sure to become your favorite spot. Located in Winter Haven, this home offers convenience and tranquility. Enjoy easy access to shopping, dining, parks, and more, while still being nestled in a quiet residential area. Don't miss your chance to own this like-new, meticulously maintained home in Winter Haven! Schedule your showing today and make your homeownership dreams a reality!
You may be able to put down less than the total down payment amount of $96,859 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: #l4943696