301 GROUPER DR, Kissimmee, FL 34759
One or more photo(s) has been virtually staged. INTEREST RATES FROM 4% Available. Welcome to your charming 3-bedrooms 2-bathrooms home nestled in the heart of Poinciana Villages. This cozy, well-kept property is the perfect blend of comfort and convenience, ideal for families or anyone seeking a serene living environment. As you step inside, you'll be greeted by a warm foyer and a long hallway that guides you to the living area that flows seamlessly into the dining space and kitchen. The open-concept design allows for easy entertaining and family gatherings. The kitchen is equipped with modern appliances and ample counter space, making meal preparation a breeze. The master bedroom is a peaceful retreat featuring a bathroom for your privacy and convenience. The two additional bedrooms are generously sized, perfect for the little ones, guests, or a home office. The second bathroom is well-appointed and easily accessible from both bedrooms. Outside, you'll find a beautifully maintained yard and the rear porch perfect for outdoor activities and relaxation. The backyard is an oasis of tranquility, offering plenty of space for gardening, barbecues, or simply enjoying the Florida sunshine. Located in the vibrant Poinciana Villages community, this home offers access to numerous amenities including parks, recreational facilities, and shopping centers. You'll also appreciate the proximity to schools and easy commuting options. Don't miss the opportunity to make this delightful house your new home. schedule a viewing and experience all that this lovely property has.
You may be able to put down less than the total down payment amount of $114,895 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: #s5110010