3099 Riverbrook Dr, Winter Park, FL 32792
4 beds · 2 baths · 1,456 sqft sqft
**This property qualifies for a closing cost credit up to $3,300 through the Seller’s preferred lender.** Welcome home to this updated 4-bedroom, 2-bathroom home located in the Laurel Springs community of Winter Park! Zoned for top-rated schools, this POOL corner lot home is the next best move for your family. The open concept layout invites you in with the recently updated kitchen at the heart of the home. This space features quartz countertops, stainless steel appliances including a farmhouse sink, floor to ceiling cabinetry, and breakfast bar seating. Make your way around to the family room with the fireplace as the focal point of the room and French doors leading to the outdoor space. The split floorplan features the primary bedroom off the kitchen. This great space features a beautifully updated ensuite with separate vanities and a glass front shower. Off the family room you’ll find the 3 additional great sized bedrooms with the guest bathroom tucked up to the side. Make your way out back to the showstopper of the home! This like new salt chlorinated pool (built 5 years ago) is the perfect space to entertain friends and family year-round with the spacious covered patio extending out to the private pool. Sitting on just under ¼ of an acre this fully fenced lot provides plenty of green space out back and allows space for your RV, boat, or trailer (parking area with 220 power) with no HOA! Recent upgrades include a new pool pump and pool heater with a new compressor. Location is everything with this home being minutes away from Downtown Winter Park, shopping, dining areas, University of Central Florida, and HWY 417. Schedule your private showing today!
Source: STELLAR #o6247560
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247560
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6247560