3943 W Campbell Rd, Lakeland, FL 33810
6 beds · 4 baths · 4,227 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Luxury estate zoned for horses and home-based business on nearly two acres in Central Florida. Introducing 3943 W. Campbell Road, a rare six-bedroom, 3.5-bath custom estate on 1.95 acres in North Lakeland, zoned for horses and approved for a home-based business. This 4,227-square-foot residence offers privacy of rural living with convenient access to Orlando, Tampa and top-tier Central Florida amenities. Enter through 8-foot French doors to 25-foot ceilings and a generous open layout, ideal for entertaining or multigenerational living. A remodeled chef’s kitchen features quartz countertops, solid wood cabinetry, stainless steel appliances and a new gas stove with a custom hood. The first-floor primary suite includes dual walk-in closets and a skylight-lit bath with high-end finishes. Upstairs, five bedrooms include a Jack-and-Jill layout and a shared walk-in closet. Designed for performance and comfort, this estate includes Category 5-rated Andersen windows and doors, a new roof (2021), three air-conditioning units (2022), upgraded attic insulation (2023) and a new 96-gallon water heater. Smart home features include electronic blinds, Ring cameras and a laundry chute to a dual washer-dryer laundry room. A gas fireplace, 50-amp RV hookup, storage shed and oversized two-car garage enhance the utility and lifestyle appeal. Enjoy outdoor living with two covered porches, a side patio, and a well-water irrigation system that supports manicured grounds. In an exclusive seven-home enclave with no HOA or CDD. An exceptional opportunity to own a luxury estate in Central Florida with zoning flexibility for equestrian living and business potential. Schedule your private showing today.
Source: STELLAR #O6271043
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6271043
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.