3605 Pershing Ave, Orlando, FL 32812

One or more photo(s) has been virtually staged. Beautifully remodeled, LAKE FRONT home in the highly desirable Conway area! Enjoy gorgeous views over Lake Anderson from your family room, screened in back porch, pavered patio, or beautifully landscaped backyard. This three-bedroom, two-bathroom home has been updated with an open, inviting floor plan making entertaining a breeze from the open kitchen island into the living and dining areas. The wood burning fireplace adds charm to this home. The HUGE great room/family room can be set up as one big living area or multiple social sections! The home has luxury vinyl plank throughout the main living areas and primary bedroom. The other bedrooms are carpeted. There are multiple storage options from the coat closet to the linen closet to the cedar closet to the built in cabinets in the laundry room to the storage area behind the laundry room to the attic in the garage to the shed in the backyard. Interested in having chickens? The shed can be used for that too! ROOF (2019). Conway is conveniently located between downtown Orlando and the airport. The Orlando Health campus is a 15 minute drive and Lake Nona/Lake Nona Medical City, including the VA hospital, is less than 30 minutes away. The Disney Parks are a quick 30 - 40 minute drive and Cape Canaveral and Cocoa Beach are just under one hour away. Your new home is also close to both the Hourglass District and SoDo District, where you can find trendy restaurants and entertainment options. This beautiful lake house is zoned for Pershing K-8 and Boone High School. <iframe src="https://www.zillow.com/view-imx/ff6d7c84-c60a-4475-a93e-fa55820c16b6?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard" width="640" height="360" frameborder="0" allow="autoplay; fullscreen" allowfullscreen></iframe>

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

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.

Last updated: Nov 23, 2024 09:33 am

Listing agent: Debbie Jones (407) 619-1850

Listing provided courtesy of: KELLER WILLIAMS REALTY AT THE PARKS (407) 629-4420

Details provided by STELLAR and may not match the public record.
MLS ID: #o6238231

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