3937 Cleary Way, Orlando, FL 32828
3 beds · 3 baths · 1,757 sqft
This stunning 3 bedroom, 2.5 bathroom townhouse with a 2-car garage in Avalon Park is now available! This move-in ready home invites you to enjoy its charming front porch swing and take a short walk to the community’s luxurious amenities: a gorgeous clubhouse, fitness center, tennis and basketball courts, playground, sauna, hot tub, and resort-style pool. The master bedroom, conveniently located on the first floor, features a tray ceiling and a spacious walk-in closet. Inside, you'll find an interior laundry room, keyless entry to your 2-car garage, and a beautifully tiled kitchen with a backsplash and closet pantry. The open floor plan seamlessly connects the foyer, dining area, and living room, offering easy access to the kitchen with a breakfast bar. Crown molding and modern finishes throughout add a touch of elegance. The home also boasts a new roof, only 2 years old, ensuring peace of mind for years to come. Fresh interior paint enhances the home's appeal, making it truly move-in ready. Avalon Park residents enjoy exclusive access to unparalleled amenities, including a resort-style pool, spa, tennis and basketball courts, a splash pad, playgrounds, and scenic jogging trails. The prime location near Downtown Avalon Park places you at the heart of one of Orlando's most vibrant and desirable communities, known for its tree-lined streets, serene lakes, sought-after schools, and fantastic amenities. Embrace the luxury and comfort of this exceptional property. Perfect for discerning buyers seeking outstanding real estate value. Schedule a private viewing today and discover the lifestyle that awaits you in Avalon Park!
Source: STELLAR #o6204873
Source: STELLAR #o6204873
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: #o6204873
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.