340 Elderberry Ct, Kissimmee, FL 34759
3 beds · 2 baths · 1,263 sqft
Unique Opportunity! Modern Corner Lot Home with Fully Paid Solar Panels and No CDD This property is a gem for smart buyers looking for style, comfort, and savings. The sellers are highly motivated for a quick sale, so don’t miss this amazing opportunity to become the next owner of this incredible home! 3 spacious bedrooms with excellent natural light, perfect for relaxation and personalizing to your taste. 2 full bathrooms with modern finishes designed for your daily comfort. Open and connected spaces: living room, kitchen, and dining area in an open-concept layout, perfect for enjoying family gatherings and entertaining friends. Kitchen with granite countertops, ample storage space, and stainless steel appliances included (except washer and dryer). Ceramic floors throughout the home, easy to maintain and adding an elegant touch. 2 covered parking spaces for added safety and convenience. Located on a corner lot, offering more privacy and opportunities to expand or enjoy the additional outdoor space. Fully paid solar panels, meaning significant savings on your energy bills. No CDD: enjoy more freedom with no additional fees. Owning this home could be more affordable than renting! Don’t miss the chance to own your ideal home in a prime location, with modern finishes, efficient technology, and no extra worries. Call now to schedule your visit and take the first step toward your new home!
Source: STELLAR #s5106573
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5106573
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: #s5106573
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.