3913 Foothills Dr, Orlando, FL 32810
3 beds · 2 baths · 1,574 sqft
Under contract-accepting backup offers. Welcome to this stunning corner-lot property that exudes both charm and functionality. Upon entering, you'll be greeted by a bright and airy foyer leading to an open-concept floor plan that perfectly combines style and comfort. The vaulted ceilings add to the spacious feel, making it ideal for both relaxing and entertaining. The living room serves as the heart of the home, boasting a cozy wood-burning fireplace, perfect for creating a warm ambiance on cooler evenings. Adjacent to the living room is a flex space that can adapt to your lifestyle—whether you need a home office, game room, or creative studio, the possibilities are endless. The kitchen includes stone countertops, an abundance of cabinet space, and modern finishes that make both everyday meals and special occasions a pleasure. Retreat to your primary bedroom, which offers a serene escape with a walk-in closet and a luxurious en suite bathroom including dual sinks and a shower. In addition, the home includes two more well-appointed bedrooms and a full secondary bath with a convenient tub/shower combo—perfect for family or guests. New luxury vinyl floors (2024) throughout provide modern elegance and durability. This eco-friendly home also features solar panels for sustainable living, reducing your energy bills while being kind to the planet. The solar panels will cover an average of 90% of a 3 to 4 person households monthly electric costs. Step through the sliding glass doors from the living room and find yourself in the expansive, screened lanai—the perfect spot for morning coffee or evening relaxation. The lanai overlooks a private backyard enclosed by a new vinyl fence. And for those with a green thumb, the backyard is a gardener's paradise, complete with raised beds ready for your favorite plants, flowers, or even a homegrown vegetable garden. Conveniently located near local shopping, dining, and more, this home is a true gem waiting for you. Don’t miss out on the chance to make it yours! <iframe width='853' height='480' src='https://my.matterport.com/show/?m=v2LJ35m8GBL' frameborder='0' allowfullscreen allow='xr-spatial-tracking'></iframe>
Source: STELLAR #o6247846
Source: STELLAR #o6247846
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: #o6247846
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.