3615 Solana Cir # B, Clermont, FL 34711
2 beds · 2 baths · 1,374 sqft
This exquisite villa stands as a beacon of retirement luxury within a highly sought after 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 in the bedrooms makes for simple maintenance while hosting. At the heart of the home the updated 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 friends. The walking trail directly 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.
Source: STELLAR #om675742
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om675742
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: #om675742
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.