2955 Kohen Ct, Lakeland, FL 33810
4 beds · 2 baths · 2,056 sqft
Welcome to your dream home in the highly sought-after community of Linden Trace, nestled in the heart of Lakeland, Florida! Step into perfection with this impeccably maintained and stunning property that exudes charm at every turn. This 4 bedroom, 2 bath, inviting residence graces an expansive oversized lot in the established neighborhood of North Lakeland. Start your day with a cup of coffee infront of your waterfront view, where morning tranquility awaits, and wind down in the evenings with the perfect setting. As you enter, the wide-open and spacious living area welcomes you, seamlessly connecting to a generous formal dining room - an ideal space for hosting gatherings or enjoying quality family time. The kitchen, a culinary haven, overlooks a second living space, offering flexibility and comfort. Whether entertaining guests or enjoying family meals, the layout caters to every dining style, featuring an eat-in nook and bar seating. Revel in the modern charm of stainless steel appliances and elegant granite countertops that adorn this well-appointed kitchen. Venture into discovering a master retreat of impressive proportions with an equally spacious en-suite master bathroom. The three guest rooms and guest bathroom are thoughtfully separated, providing privacy and convenience. The second bedroom enjoys direct access to the guest bathroom, enhancing functionality. Step outside to a vast backyard oasis, perfect for family gatherings or adult relaxation. Conveniently located for easy commuting, shopping, dining, banking, gas, pharmacies, and more, this home offers the perfect blend of comfort and accessibility. Don't miss the opportunity to make this your new home! Schedule your appointment today, call or text me. Your dream home awaits in Linden Trace!
Source: STELLAR #L4944061
Financials
Source: STELLAR #L4944061
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.