3816 EAGLE ISLE CIR, Kissimmee, FL 34746
Are you ready to feel like you are on vacation all the time? Welcome home to this beautiful pool home nestled within this resort-style boating community. This luxury five (5) bedroom home has four (4) newly renovated bathrooms with upgraded marble tile backsplash, upgraded hardware. The kitchen has been completely renovated, and updated with stainless steel appliances. With three (3) different exits, step out onto the extended patio with upgraded pavers as well as a newly installed private pool and jacuzzi spa. You will also be able to enjoy the resort style amenities offered within this 24/7 guarded and gated community where everyday will belike you're on a vacation. Residents enjoy access to Bellalago and the sister community, Isles of Bellalago, where amenities can be utilized on both sides. Community amenities include but are not limited to Jr. Olympic size pool, Zero Entry Pool, splashpad, playgrounds, tennis court, basketball court, two (2) gyms, and more. There is a full-time lifestyles director/manager on site to plan community activities and events, fitness classes and instructors, and can on-site restaurant to enjoy as a part of the lifestyle within this beautiful community. Bellalago is within 30 minutes of Disney World and other major attractions, and there is a community boat lift/dock to utilize and access Lake Toho. Come tour your new home today, and live everyday like you're on vacation!
You may be able to put down less than the total down payment amount of $343,076 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: #s5108669