3081 Agostino Ter, Kissimmee, FL 34746
4 beds · 5 baths · 2,920 sqft sqft
Rare opportunity to purchase a home with a 3.2% interest rate assumable FHA mortgage. Save thousands annually! This one story Bellalago home with no rear neighbors on a premium 0.31 acre conservation lot offers so much with great curb appeal at an incredible value. Shows like the model home with plenty of options. Make yourself at home with this magnificent like new Taylor Morrison built home adorned with beautiful porcelain floors. The spacious Saint Croix floorplan offers 9-foot-high ceilings, four ensuite bedrooms, and 2,920 square feet under air all on one level. The gourmet kitchen is fully equipped with quartz counter tops, 42” wood cabinetry, tile backsplash, vented hood, stainless steel appliances, LG Instaview refrigerator, center island, walk in pantry, butler’s pantry, and a breakfast area perfect for entertaining and gathering overlooking the great room. Primary bedroom suite includes views of the conservation area and a bath boasting double vanities with wood cabinets, large tub to soak & relax, separate shower, and a large walk-in closet. Secondary bedrooms are generously sized with their own bathrooms and closets. The home also features solar panels that will be fully paid off at closing saving you thousands of dollars in electric bills. This energy efficient home offers, 8 foot interior doors, smart thermostat, a great room, dining room, a screened in lanai, and a three car garage. Bellalago is an exceptional guard gated neighborhood offering a community pool, park, fitness center, lake access, boat ramp, playground, tennis, volleyball, and basketball courts, close proximity to Valencia College, great shops, restaurants, and major roads. Don’t miss out on this great opportunity to make this home yours! Be sure to click on the virtual tour link. <iframe width='853' height='480' src=https://my.matterport.com/show/?m=2YyRPtPX9Uz&mls=1></iframe>
Source: STELLAR #o6226259
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6226259
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: #o6226259
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.