3019 Madelia Ln, Kissimmee, FL 34744
4 beds · 4 baths · 2,566 sqft
Must see this beautiful home within Legacy Park's gated community, this 4-bed, 3.5-bath has a warm cozy feeling with lots of memories waiting to be created by you. As you step through the front door, you walk into a beautiful bright lighted Foyer with high ceilings. Nice big kitchen with new appliances and granite countertops. Large enough to enjoy cooking and spending quality time with your family. The large master suite is located on the main floor with an updated master bathroom and custom-made walk-in closet with lots of storage space. Tile flooring throughout the whole first floor. All the other bedrooms upstairs with a Jack and Jill Bathroom. Laundry Chute located upstairs no need to carry your laundry downstairs. Water filter for the whole house so you will have fresh clean water to use all the time. Step outside under the large screen in patio area and enjoy a BBQ with your family. In Legacy Park you can also enjoy the community pool and a playground for the kids to play. This beautiful home is near the Turnpike, Orlando International Airport 20-30 minutes away, Shingle Creek Regional Park, Kissimmee Lakefront Park and the Loop Shopping Center. Don't wait to come see this beautiful home that can be yours!
Source: STELLAR #s5105144
Source: STELLAR #s5105144
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: #s5105144
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.