3037 Plymouth Rock Cir, Mount Dora, FL 32757
3 beds · 2 baths · 1,992 sqft
**Welcome to Your Dream Home in The Lakes of Mount Dora – a Premier 55+ Community!** Discover exceptional living in this stunning property, *one of the best-priced homes* currently available in The Lakes of Mount Dora. Built in 2007, this contemporary masterpiece offers three bedrooms, two full baths, and an impressive 1,992 square feet of thoughtfully designed living space. Nestled on a sprawling 0.43-acre cul-de-sac lot – one of the largest in the community – this home exudes charm, privacy, and pride of ownership both inside and out. **Key Features You’ll Love:** - Spacious Elegance: Soaring 12-foot ceilings and a split floor plan provide an airy and functional layout. - Primary Suite Retreat: Enjoy two oversized walk-in closets, a wheelchair-accessible shower, and dual vanities in the luxurious primary bathroom. - Modern Convenience: Gas appliances throughout and freshly painted interiors and exterior blend modern functionality with timeless style. - Meticulously Maintained Grounds: Beautifully landscaped surroundings create a serene outdoor haven. **Community Amenities Beyond Compare:** The Lakes of Mount Dora isn’t just a neighborhood – it’s a lifestyle! This gated, vibrant community offers residents access to an 18,000-square-foot clubhouse with a ballroom, billiards, library, card room and fitness center. Outdoor enthusiasts will revel in amenities including: - Resort-style pool - Tennis and pickleball courts - Croquet lawn and bocce ball - RV and boat storage with a community boat ramp **Prime Location:** Located just 15 minutes from the charming, historic downtown Mount Dora, you’ll enjoy easy access to fine dining, boutique shopping, and entertainment. Golf lovers can tee off at nearby top-rated courses such as Black Bear Reserve and Eagle Dunes, with several other premier options throughout Central Florida. This home offers the perfect blend of an active, vibrant lifestyle and tranquil surroundings. Don’t miss your opportunity to own this incredible property in one of Central Florida’s most desirable 55+ communities. **Schedule your private tour today – your ideal home is waiting!**
Source: STELLAR #o6185291
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6185291
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: #o6185291
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.