344 Lake Smart Cir, Winter Haven, FL 33881
5 beds · 3 baths · 2,944 sqft
Welcome to this meticulously maintained, like-new home in a sought-after lakefront community. The spacious Moonstone floorplan by Richmond American, built in 2021, offers 2,944 sq ft of living space with 5 bedrooms and 2.5 bathrooms. All bedrooms are on the second floor for added privacy, while the first floor features a versatile office/den, ideal for remote work or study. Upon entering, you'll be greeted by luxury vinyl plank flooring throughout the main level. The expansive kitchen is a chef’s dream, featuring a large quartz island, GE stainless steel appliances, and abundant cabinetry. The family room is a standout, with custom-built storage cabinets, shelving, and a cozy electric fireplace, which can be controlled remotely for added convenience. A mudroom off the garage offers practical organization for your everyday needs. Upstairs, the primary bedroom suite features a luxurious custom-designed California Closets® walk-in closet, while the ensuite bath offers a serene retreat. The four additional bedrooms share a full bathroom, and a second-floor laundry room provides easy access for the whole family. The private backyard includes a fenced yard, covered patio, and no homes directly behind for added seclusion. Enjoy the community’s lakefront setting just minutes away, with a fishing pier for outdoor recreation. Pet lovers will appreciate the custom "dog room" under the stairs for their furry friends. Additional features include garage hanging storage and a low HOA with no CDD fees. Located in Winter Haven, this home offers easy access to shopping, schools, dining, and attractions like Legoland and Peppa Pig Theme Park, all within 10 miles. If you're seeking a move-in-ready, thoughtfully designed home in a prime location, this is it. Schedule your tour today!
Source: STELLAR #l4948634
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4948634
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: #l4948634
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.