3924 Stonefield Dr, Orlando, FL 32826
3 beds · 2 baths · 1,489 sqft
Charming 3-Bedroom, 2-Bath Home for Sale Near UCF in Orlando, FL! Welcome to 3924 Stonefield Dr, Orlando, FL 32826, a perfect opportunity for homeowners or investors! This beautiful 3-bedroom, 2-bath home offers comfort, convenience, and a prime location in a thriving community. Key Features: 3 spacious bedrooms perfect for families or roommates. 2 full bathrooms designed for convenience and style. A well-maintained yard and inviting living spaces for relaxation or entertaining guests. Location Highlights: Located just minutes from the University of Central Florida (UCF), one of the largest universities in the country, making it an ideal home for students, faculty, or investors looking for rental opportunities. Close proximity to major employers such as Siemens, Lockheed Martin, and the Central Florida Research Park. Easy access to Waterford Lakes Town Center, a premier shopping and dining destination, where you'll find everything from popular retail stores to local restaurants and entertainment options. Conveniently located near SR 408 and SR 417, providing quick commutes to Downtown Orlando, Orlando International Airport, and all of Orlando’s world-renowned attractions. Nearby parks such as Blanchard Park and Jay Blanchard Trail, are ideal for outdoor enthusiasts, offering biking, hiking, and picnicking spots. A short drive to Avalon Park, a vibrant community filled with additional dining, entertainment, and family-friendly events year-round. This home is perfect for anyone looking to live in a quiet neighborhood with easy access to Orlando’s best amenities. Whether you are searching for a place to call home or a solid investment opportunity near UCF, this property is a must-see! Schedule a tour today and make this wonderful home yours!
Source: STELLAR #s5114141
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5114141
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: #s5114141
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.