357 Casa Verano Ln, Davenport, FL 33897
4 beds · 3 baths · 2,636 sqft
Beautifully maintained and designed with modern luxury, this two-story gem is waiting for you! Built in 2019 with four bedrooms and three full bathrooms with 2,636 square feet on a 0.13 acre lot. You will fall in love as soon as you walk in as the home is bright and open, with beautiful tile floors that flow seamlessly throughout the first floor. Entering through the etched glass framed front door you are met with a bedroom and bathroom. Perfect for entertaining friends or family, the home features a modern kitchen with pantry, gas range, microwave, island with breakfast bar, built-in sink and dishwasher, light cabinetry and glass tile backsplash, and is open to the dining room and the living room room. Sliding doors open to the backyard and patio space ideal for barbecuing or relaxing after a long day. The second floor houses a spacious loft surrounded by three additional bedrooms, two full bathrooms, and a laundry room for added convenience. The Owners Retreat provides privacy and features a large bathroom with a walk-in closet, shower, dual-sink vanity, and a separate water closet. The two-car garage provides additional storage space. This home is a SOLAR POWERED SMART HOME with energy features, so reduce your electricity bills! Located in Bella Verona, a family-friendly neighborhood, \close to Disney World, Champions Gate, major roads, great schools and shopping. Make your appointment to see it! One year basic home warranty provided.
Source: STELLAR #o6185846
Source: STELLAR #o6185846
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: #o6185846