2940 Nottel Dr, Saint Cloud, FL 34772
4 beds · 4 baths · 2,580 sqft sqft
**Welcome to Your Dream Home in Hanover Lakes!** Discover lakeside living in this meticulously maintained four-bedroom, three-and-a-half-bathroom home, complete with a two-car garage and a dedicated office space. Situated in the highly sought-after Hanover Lakes community, this property offers a blend of comfort and convenience, along with a range of exceptional community amenities. From the charming curb appeal featuring a landscaped yard and brick paver driveway to the inviting entryway with stackstone accents, this home is designed to impress. Inside, enjoy a spacious layout filled with natural light. The modern kitchen boasts stainless steel appliances, ample cabinetry, and a convenient breakfast bar, while the expansive living room is perfect for relaxation or entertaining. Upstairs, the primary suite offers a generous walk-in closet and an en-suite bath with a soaking tub, separate shower, and dual vanities. Two additional bedrooms and a versatile office complete the upper level, providing plenty of space for family or work-from-home needs. Step outside to the screened lanai, ideal for outdoor dining, and explore the vast backyard—perfect for adding a pool and creating your own private oasis. Additional features include a water filtration system and transferable solar panels for low utility costs, plus the benefit of no rear neighbors. Residents of Hanover Lakes enjoy access to a sprawling 3,400-acre lake, a resort-style swimming pool, a splash pad, and scenic views from the expansive sundeck. Conveniently located near world-renowned attractions like Walt Disney World®, Universal Studios, and the beautiful East Coast beaches, this home offers both tranquility and accessibility. Don’t miss this opportunity—schedule your private showing today!
Source: STELLAR #o6243458
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6243458
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: #o6243458
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.