3301 Conway Gardens Rd, Orlando, FL 32806
3 beds · 2 baths · 2,009 sqft
Welcome to your dream home! This 3 bedroom, 2 bathroom residence offers the perfect blend of comfort, style, and entertainment space. Nestled in a desirable location, this home boasts a split floorplan, providing privacy and convenience for all. As you step inside, you'll be greeted by a spacious living room/dining room combo, ideal for hosting gatherings or enjoying cozy nights in. The heart of the home lies in the Tuscan-inspired kitchen, featuring elegant granite countertops and sleek stainless steel appliances, perfect for the culinary enthusiast. One of the highlights of this home is the expansive 30x15 Florida Room, offering an abundance of space to entertain guests or simply relax and unwind. With three sets of French doors seamlessly connecting the indoor and outdoor spaces, you'll enjoy effortless transitions to the sprawling backyard oasis. Step outside to discover your own private retreat, complete with a refreshing pool and ample green space, perfect for outdoor activities or basking in the Florida sunshine. Whether you're hosting a summer barbecue or enjoying a quiet evening under the stars, this backyard is sure to impress. The primary bedroom is a sanctuary of comfort, featuring an ensuite bathroom with a stand up shower and a walk-in closet. Two additional bedrooms provide versatility for guests, family members, or a home office. Conveniently located near top-rated schools, restaurants, shops, and easy highway access, this home offers the ideal blend of tranquility and convenience. Don't miss your chance to make this property your own – schedule a showing today and experience the epitome of Florida living! Solar panels provide a low monthly power bill. Solar panel lease will need to be assumed by new buyer. ***Recently replumbed, patio roof re-done, updated electrical 7-29-24.***
Source: STELLAR #o6188262
Source: STELLAR #o6188262
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: #o6188262