321 Ferdinand Dr, Longwood, FL 32750
4 beds · 2 baths · 1,830 sqft
Looking for an updated four-bedroom, two-bathroom home in the heart of Longwood? Look no further than 321 Ferdinand Dr, perfectly nestled along the shores of Lake Fairy in the charming, tree-lined community of Columbus Harbor where each home has a character . Step inside this stunning 1,830 sq. ft. home and fall in love with its thoughtful open floor plan. The cozy living room, complete with a welcoming fireplace, flows seamlessly into the dining room—perfect for hosting gatherings. There's even an additional family room for extra space and comfort. One of the guest bedrooms is tucked away on its own, making it an ideal spot for a home office or accommodating overnight visitors. This home comes with incredible perks, including community lake access with a boat ramp, and is surrounded by picturesque oak trees. Plus, it’s located near top-rated schools, making it a dream home for families or anyone seeking a serene retreat. You’ll also enjoy the benefits of a long list of modern updates: new energy-efficient double-pane windows, a fully renovated kitchen and bathrooms, brand-new stainless steel appliances, high-quality flooring, new interior doors, a new garage door, a new water heater and fresh exterior and interior paint—and that's just the beginning! Sitting on a spacious 0.24 acre lot, this property offers plenty of room for outdoor activities, gardening, or simply soaking up Florida’s sunshine. Conveniently located just 30 minutes from Orlando Downtown, near local amenities and parks such as Reiter Park and Wekiwa Springs State Park, this home is more than just a house—it’s your chance to own a slice of Longwood’s historic charm and modern comfort. Don’t let this incredible opportunity pass you by. Call today for your private tour today!
Source: STELLAR #O6289312
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6289312
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.
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.
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.
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.
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.
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.
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.