3615 SOLANA CIR # B, Clermont, FL 34711
Nestled within the tranquil confines of Clermont, Florida, this exquisite villa stands as a beacon of retirement luxury within a highly sought after, exclusive 55+ community of Heritage Hills. Radiating an aura of relaxation and leisure, this residence embodies the essence of retirement living at its finest. Natural light flows seamlessly through this open concept 2 bedroom / 2 bathroom home. Ceramic tile throughout high traffic areas, and plush carpet through the bedrooms for the most comfortable of living. The heart of the home, the modern kitchen, invites you to indulge your culinary passions with its brand new stainless steel appliances, granite countertops, and ample storage space. Retreating to the master suite you'll find a spacious walk in closet, and ensuite bathroom with double vanity sinks. Outside, the screened in private lanai provides you with space to enjoy your morning coffee or enjoy the warm weather with great friends. The walking trail behind the villa provides close and quick access to the clubhouse, in total the trail is 5 miles for an avid walker. Amenities include heated pool, spa, fitness center, tennis courts, pickle ball, shuffleboard and the clubhouse. Many planned activities at the clubhouse include billiards, cards, arts and crafts, and clubs to join. This fine community covers maintenance of grounds, exterior paint every 5-6 years, and roof replacement every 15 years. Close to shopping, and dining you will experience the true rewards of retirement with everything you need within reach. Schedule your showing today!!! Furnishings may be included with sale if asked.
You may be able to put down less than the total down payment amount of $22,160 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #om675742
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.