347 Estates Ct, Haines City, FL 33844
4 beds · 2 baths · 1,939 sqft
Welcome to this charming 3-year old community in Haines City, nestled next to serene Lake Hammock. This spacious Lucas SPLIT-BEDROOM FLOOR PLAN is MOVE-IN READY with a layout designed for modern living including a Primary Suite, 3 secondary bedrooms and 2 bathrooms. This home comes fully equipped with "Everything Included Features" like STAINLESS STEEL APPLIANCES, QUARTZ COUNTERTOPS throughout, WINDOW BLINDS, and PLANK CERAMIC TILE FLOORING in the wet areas. The kitchen features a large CENTER ISLAND, overlooking an open café and large Great Room, perfect for entertaining. The Primary Suite boasts an over-sized bedroom with EN-SUITE BATHROOM, DUAL SINKS, a private WC, large shower, and a roomy WALK-IN CLOSET. The inside LAUNDRY ROOM includes a WASHER & DRYER. This Ecosmart home has leased SOLAR PANELS at $63 monthly to offset the electric bills and comes fully connected. Enjoy the community's wonderful amenities, including a DOCK with stunning water views, a DOG PARK, and PLAYGROUND. There is easy access to I-4, Walt Disney World, Universal Studios, Legoland, Bok Tower Gardens, Posner Park Shopping Mall, Hospitals and much more, it’s easy to see why this area is growing fast! For those seeking newer homes situated in a rural setting while still close to Tampa and Orlando, the “Estates at Lake Hammock” is for you. All dimensions are approximate and should be independently verified by interested parties. This property is being sold in AS IS condition and MAY qualify for Seller Financing (Vendee).
Source: STELLAR #l4948894
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #l4948894
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: #l4948894
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.