332 Ringwood Cir, Winter Springs, FL 32708
4 beds · 2 baths · 1,912 sqft
Welcome home to the highly sought-after Tuskawilla Forest community! This 4-bedroom, 2-bathroom house offers a true split floorplan, indoor laundry, and fresh exterior paint. With a fully fenced yard providing ample privacy. As you step inside to your immediate left, the formal living and dining rooms await, perfect for hosting gatherings and creating lasting memories. The spacious master bedroom is a true retreat, comfortably accommodating a king-sized bed with room to spare. The en-suite master bathroom is generously sized and includes a separate water closet for added privacy and two walk-in closets. The heart of the home is the open-concept kitchen, featuring stainless-steel appliances. It seamlessly flows into the inviting family room, where a cozy wood-burning fireplace creates a warm and welcoming atmosphere for those chilly winter evenings. Step through the sliding glass doors to discover the true essence of Florida living. The expansive backyard is ideal for pets and outdoor entertaining, and the wonderful screened patio area comes complete with an outdoor kitchen, perfect for al fresco dining and family fun. The master bedroom also offers its own private entrance to this delightful outdoor space. Don't miss this incredible opportunity to own this lovely home in Tuskawilla Forest with Top Rated Seminole County Schools, easy access to shopping, restaurants, and the 417. Schedule your viewing today and make this house your forever home!
Source: STELLAR #o6227677
Source: STELLAR #o6227677
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: #o6227677