34045 Alameda Dr, Sorrento, FL 32776
5 beds · 3 baths · 3,259 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Looking for family-oriented community feeling with lots of activities like golf cart parades, seasonal movies on the fairway and monthly food trucks!?! This impeccably updated 5-bedroom home with NO REAR NEIGHBORS and NEW Dec 2024 ROOF is right here in the desirable gated community of Sorrento Springs. As soon as you enter through the front door, you’ll notice the high ceilings, archways and all the natural light streaming into the den & formal dining room at the front. The home also has beautiful wide-plank wood floors throughout all the living areas and bedrooms. The kitchen is open to the living room at the rear of the floorplan. It features a great layout with granite countertops, stainless appliances, a dining nook and an island with a breakfast bar. The main level also includes one bedroom and an adjacent full bathroom – perfect as a private wing for in-laws or guests. Head upstairs to find the other bedrooms and a versatile media/playroom. The primary bedroom boasts a lovely ensuite with a granite-topped double vanity, a W/C, a soaking tub and a separate shower. The guest bedrooms on this level share the spacious hallway bathroom, complete with dual sinks and a toilet/shower room. This home was designed with storage in mind, as it includes tons of closet space – even in the attached 3-car tandem garage! The laundry room also offers floor-to-ceiling shelving. On the exterior, the large fenced-in backyard has plenty of space for a playscape, firepit or garden. Great conservation views, too! You can also relax on your screened-in lanai, or entertain guests under the gazebo on the large patio. Located in a tranquil and golf cart-friendly guard-gated community of Sorrento Springs, this home offers the best of Sorrento living. Whether you’re an avid golfer or simply appreciate the serenity of a greenspace view, you'll enjoy a quiet atmosphere, community pool, fitness center, playground, sidewalks throughout, and fun community events including: FOOD TRUCKS (first Thursday of each month), a Christmas MOVIE-on-the-FAIRWAY, golf-cart PARADES for Christmas and Fourth of July, Thanksgiving 5k and many more! You can even take your golf cart to get groceries or shop at the Publix plaza! The community feel is perfectly complemented by the scenic surroundings of the nearby Eagle Dunes golf course, ideally situated, allowing easy access to the 429 Toll Road and the charming towns of Mt Dora and Eustis. *https://www.tourdrop.com/dtour/387650* New Roof (Dec) 2024, AC 2022.
Source: STELLAR #G5089444
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 #G5089444
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 and Equal Opportunity Act.