3035 Egrets Landing Dr, Lake Mary, FL 32746
3 beds · 2 baths · 1,923 sqft sqft
Here's the home you've been waiting for, located in the lovely GATED-COMMUNITY of Egrets Landing in Lake Mary! Featuring 3-bedrooms with a flex space that can be EASILY converted into a 4TH BEDROOM! This bonus room is an extension of the Primary Suite, perfect for a home office, fitness area, nursery, or lounge room for music, reading, crafts, etc. Upon entering the home, you'll be greeted by the spacious formal living and dining areas, boasting vaulted ceilings and covered in NATURAL LIGHT. The kitchen is open to the family room and offers breakfast bar seating, table space, and comes fully equipped with a tiled backsplash and NEWER STAINLESS STEEL APPLIANCES (Samsung) installed in 2021, including a NATURAL GAS range. This single-story BLOCK home has a SPLIT FLOORPLAN with laminate flooring in the hallways and two bedrooms, while the Primary Suite and bonus/flex room feature plush carpeting. The Primary Suite bathroom is oversized with DUAL SINKS, plenty of counter space, walk-in tiled shower, a GARDEN TUB, private water closet, and a WALK-IN closet! The laundry closet's newer LG washer and dryer (2021) are INCLUDED. Outside of the tall sliding glass doors in the family room is the SCREENED-IN porch, leading to the private and quaint, FULLY-FENCED backyard with paver patio and sidewalk, making this a LOW-MAINTENANCE oasis. This community offers a swimming pool and interactive splash pad for the younger residents, as well as a playground. Additional features include: HVAC & water heater run by NATURAL GAS, roof replaced in 2018, newer paint interior/exterior paint in 2021, upgraded light fixtures, new toilets in 2023, Smart thermostat, and Ring security system. Conveniently located near major highways (I-4, 417, 17-92), Sanford Airport, Seminole State College, Downtown Lake Mary shopping and restaurants, Seminole Towne Center, and just minutes away from the Lake Mary SunRail station! Make this home your very own and schedule a showing today!
Source: STELLAR #o6249272
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6249272
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: #o6249272
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