4025 Cypress Glades Ln, Orlando, FL 32824
4 beds · 3 baths · 2,753 sqft
Under contract-accepting backup offers. THE BEST DEAL FOR A POOL HOME IN THE AREA! One the most popular floorplans Beazer offers. This stylish home offers an open concept, massive kitchen, well designed floorplan and space for all your needs. This wonderful 4 bedroom/3 bath home is located just minutes to the international airport, shopping, expressways and entertainment. Upon entering you are greeted with a formal entry, to your right you will find the first bedroom and full bath. This makes for the perfect guest suite, in-law suite or anyone in the home that just needs their own space. To the left of the entry, you will find the 3-car garage. Tons of space for all your toys! Just off the entry you are welcomed into the massive great room space. A formal dining room is defined by well-placed columns. A gourmet kitchen with gas stove, built in over and microwave anchors the room. A space for great cooking, entertaining or just trying out your hand at creating food art. One of the largest islands the Beazer floorplans offer is a gathering space. Upgraded backsplash ties into the updated lighting throughout the home. Just offer the kitchen you will find a bonus area that could be used as a home office. With the trends of kitchens having a walk-in pantry this space would make for a wonderful walk-in pantry. 2 additional bedrooms can be found off the kitchen. To the rear of the home, you will find the massive primary suite. A well-designed walk-in closet with space for all your fashion. A well-appointed primary bath includes walk in shower, garden tub and double vanity. To round out this wonderful home the sellers added a oversized pool and jacuzzi 4 years ago with pool heater. Screen enclosure and covered patio complete this outdoor space. This home is ready for a new adventure, wait too long and it will be someone else, not yours!
Source: STELLAR #o6241745
Source: STELLAR #o6241745
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: #o6241745
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.