3073 Bluebrook Dr, Winter Park, FL 32792
5 beds · 3 baths · 1,486 sqft
MULTIPLE OFFERS RECEIVED! Please submit all BAFO by noon on April 1, 2025. Discover this astonishing modern gem, featuring an array of luxury amenities that can be controlled right from your smartphone. Situated in a sought-after community where homes rarely come on the market, this beautifully renovated residence perfectly balances comfort and entertainment. As you enter, the foyer welcomes you with stunning stacked natural stone paneling. Be captivated by the expansive marble and quartz kitchen island, complete with waterfall edges, built-in lighting, pop-up outlets for convenience, and a built-in cooktop paired with a pot filler faucet and stainless steel exhaust fan. Timeless light fixtures grace the space, enhancing the kitchen's elegance, which is equipped with a stainless steel refrigerator, dishwasher, and a dual-mount kitchen sink featuring a pull-down faucet. The 42-inch soft-close cabinets and drawers provide ample storage, while a built-in wine refrigerator adds a touch of luxury. The living room, bathed in natural light and featuring an electric fireplace, creates a cozy atmosphere that flows seamlessly into the dining area and kitchen. For ultimate privacy, the owner’s suite is thoughtfully separated from the other bedrooms. The mother-in-law suite resembles a studio apartment, complete with a sitting area, kitchenette, bedroom, bathroom, and a private entrance, accessible from the enclosed patio, garage, or a lockable hallway to ensure guest privacy. This stunning 5-bedroom, 3-bath home is a must-see! Nestled in a tranquil neighborhood with no through traffic, it offers a peaceful retreat while being just a few miles from various shops and restaurants. The fenced backyard, gazebo, and screened-in porch provide ideal spaces for relaxation and privacy. Plus, there's an exciting opportunity to customize your own pool, with construction for a 4.5-foot pool and deck awaiting completion. Zoned for highly rated schools and conveniently located near downtown Orlando, the University of Central Florida, Highway 50, SR 408, and SR 417, this exceptional home won’t last long. Schedule your showing today and seize the opportunity to own this remarkable property in one of Winter Park’s most desirable neighborhoods!
Source: STELLAR #O6293034
Source: STELLAR #O6293034
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “Save search” 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 620, 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.