389 Singing Sands Cir, Lake Wales, FL 33859
4 beds · 2 baths · 1,935 sqft
Welcome Home! Your Dream Awaits at Lake Wales Florida! Situated on 0.41 acres, offering 4 bedrooms and 2 bathrooms, it's a perfect fit for a comfortable family living. With a long Welcoming foyer, it leads you into modern elegance and comfort living with this stunning 2023-built home, designed to impress at every turn! Spacious & Inviting Layout – The open-concept design effortlessly connects the living, dining, and kitchen areas, making it perfect for entertaining and family gatherings and great ample space. Gourmet Kitchen – Calling all chefs! This beautifully designed kitchen features stainless steel appliances, quartz countertops, sleek cabinetry, and a spacious island — ideal for cooking and hosting. Serene Primary Suite – Your private retreat awaits with a spa-like ensuite bathroom, double vanities, a spacious walk-in closet, and elegant tile work to add a touch of luxury. The home also brings a water filter system and a reverse osmosis to provide clean and healthy water for you and your family to drink and bathe from. The home is fully equipped with 8 LED security cameras and a 24 inch monitor screen for your safety and security with no fees for a peace of mind at night. Your Outdoor awaits to an Oasis – Situated on a generous corner lot, this fully fenced in PVC backyard is perfect for summer barbecues, morning coffee, or relaxing under the stars. The back patio lanai is fully screened (25 x 10) and permitted and was installed in 2024. Conveniently located near Highway 27, restaurants, shopping centers, and other amenities, this home is ready for you to move in and make it yours. In a prime location, residents can access an array of parks, lakes and attractions such as Bok Tower Gardens and Lake Kissimmee State Park. For those who enjoy shopping, dining out and entertainment, Historic Downtown Lake Wales is just moments away. This home is move-in ready and waiting for you to start making unforgettable memories. Don’t miss out — schedule your showing today!
Source: STELLAR #TB8354314
Financials
Source: STELLAR #TB8354314
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.