377 N Shadowbay Blvd, Longwood, FL 32779
3 beds · 2 baths · 1,396 sqft sqft
Welcome to this stunning 3-bedroom, 2-bathroom townhome that perfectly blends comfort and style in the heart of Longwood, FL. With 1,396 square feet of thoughtfully designed living space, this two-story gem features soaring 15-foot ceilings that create an open, airy atmosphere with tons of natural sunlight pouring in from three 8-foot rectangle windows and 2 sets of sliding glass doors. Located in desirable Seminole County and part of a community with renowned schools, Sabal Point Elementary, Rock Lake Middle School, and Brantley High School, this home is ideal for families looking for convenience and quality education. Imagine mornings spent sipping coffee on your private wooden deck patio and enjoying family barbecues in your spacious backyard! Inside, you'll find elegant porcelain tile and luxury vinyl plank flooring (2021) that seamlessly combines durability with sophistication. The modern layout invites natural light, making every room feel warm and welcoming. Just minutes from beautiful Wekiva Springs State Park and Wekiva Island, outdoor enthusiasts will love the nearby nature trails, kayaking, and peaceful surroundings. This home is perfectly situated near essential shopping and delightful dining options, including 2 nearby Publix supermarkets for all your daily needs, Merrill Park, & Westmonte Park featuring an outdoor pool, a playground, baseball, basketball, and tennis courts. Commuters and travelers will benefit from easy access to a Sun Rail Station and Interstate 4, adding further to the well-rounded lifestyle offered by this lovely townhouse. Don’t miss your chance to own a piece of paradise in Longwood! Schedule your private tour today and envision your future in this beautiful home. Your dream lifestyle awaits!
Source: STELLAR #o6247061
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247061
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: #o6247061
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.