3497 Fallbrook Dr, Kissimmee, FL 34759
2 beds · 2 baths · 1,481 sqft sqft
Discover luxury living and waterfront tranquility in the prestigious Solivita community! This stunning 2-bedroom, 2-bathroom villa with a 1 ½ car garage epitomizes elegance and comfort. Every detail has been thoughtfully designed to offer you the ultimate lifestyle. As you approach, you'll be captivated by the gated and fenced courtyard, providing privacy and a serene entrance. Step inside to find a modern kitchen that will delight any chef, featuring stainless steel appliances, ceramic tile flooring, a free-standing island, granite countertops, and a chic tile backsplash. The adjacent dining area allows you to entertain guests effortlessly while preparing meals in this impressive kitchen. The Master bedroom serves as a private oasis with stunning water views, an ensuite bath with dual sinks, and a stand-alone shower for added luxury. The spacious guest bedroom overlooks the courtyard, ensuring privacy for all. Enjoy tranquil water views from the great room, Master bedroom, and enclosed lanai. The lanai is the perfect spot to sip your morning coffee or enjoy a late-night glass of wine with friends as you take in the gentle breezes. Living in this golf cart-friendly, gated community with manned security allows you to leave behind all maintenance worries, including lawn care, exterior painting, and power washing. Solivita, an award-winning 55+ community, spans over 4,200 acres of wetlands, parks, and lakes, and offers 150,000 sq. ft. of state-of-the-art amenities and workout facilities. Enjoy 14 heated swimming pools, 2 heated spas, dog parks, tennis and pickleball courts, shuffleboard, bocce ball, a billiards room, an art gallery, a community garden, 3 restaurants, and 2 championship 18-hole golf courses. The large ballroom hosts nightly events, and with over 200 clubs, there's always something fun to do—join the travel club, the pizza club, or the Disney club, or simply relax in one of the many peaceful park settings. Voted one of the top 6 communities in America, Solivita is close to theme parks and all the wonderful adventures Central Florida has to offer. Schedule your showing today and step into the next chapter of elegant living in Solivita!
Source: STELLAR #o6213986
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6213986
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: #o6213986
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.