3317 Oakmont Ter, Longwood, FL 32779
4 beds · 4 baths · 3,102 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautiful home in Alaqua Lakes! Located in an exclusive 24/7 guard-gated community, this two-story residence offers comfort, style, and function. The bright, open living room sets the tone for relaxed living and memorable gatherings. At the heart of the home is a remodeled gourmet kitchen with sleek wood cabinetry, quartzite countertops, a large center island, natural gas cooktop, and stainless steel appliances—perfect for everyday meals or entertaining. The thoughtful split-bedroom layout ensures privacy for all. The spacious primary suite is a true retreat, featuring a spa-like ensuite with dual vanities, a soaking jetted tub, a separate shower and two spacious walk in closets. Two additional bedrooms are located on the main floor, while the only upstairs bedroom enjoys added privacy with its own ensuite bathroom—ideal for guests, a teen suite, or a private home office. Plus, there’s a separate dedicated office located on the first floor. Step outside to your private, fully fenced backyard with a covered lanai—perfect for entertaining, relaxing, or enjoying quiet mornings. Enjoy resort-style living with access to top-tier community amenities, including a seven-acre park, 5 clay tennis courts, a Junior Olympic pool, volleyball court, basketball court, playground, and activity field. You can enjoy the serenity of a guard gated neighborhood while being just minutes away from shopping, dining, entertainment, and top-rated schools. And with quick access to I-4, 417 and the 429 you’re within an easy reach of Central Florida’s best attractions like Disney, Universal Studios and area Beaches. This home may be under audio and video surveillance
Source: STELLAR #O6296095
Source: STELLAR #O6296095
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 and Equal Opportunity Act.