317 Winter Bliss Ln, Mount Dora, FL 32757
3 beds · 2 baths · 1,829 sqft sqft
**This property qualifies for a closing cost credit up to $2,900 through the Seller’s preferred lender.** Look no further than this like-new 2022 build in the heart of Mt Dora! This 3-bedroom, 2-bathroom spacious layout is exactly what you’ve been searching for! Make your way inside to find this split floorplan featuring both guest bedrooms at the front of the home with the guest bathroom to the right. As you make your way back, you’ll find the formal dining room before moving into the open concept layout. This spacious room features the kitchen to the left with white cabinetry throughout, granite countertops, and stainless-steel appliances. The large middle island provides breakfast bar seating as well as an additional eat in space tucked up by the sliding glass doors. The primary bedroom at the back is the perfect retreat with the ensuite offering a double sink vanity, glass front shower, and walk-in closet. Step out back to the newly fenced backyard with a large concrete slab overlooking the blank canvas. Located in the charming community of Mount Dora, this home provides easy access to the Downtown area with boutique shops, restaurants, and lively festivals. The nearby chain of lakes offers endless opportunities for outdoor activities, while the proximity to Orlando allows for quick trips to major attractions, all while enjoying the peaceful, small-town ambiance of Mount Dora. Schedule your private showing today!
Source: STELLAR #o6253858
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6253858
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: #o6253858
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.