403 TANIS AVE, Saint Cloud, FL 34771
Why wait for new construction? This modern, LIKE-NEW 5-bedroom, 3-bathroom home, complete with a loft and flex room, offers over 2,600 sq. ft. of spacious living with brand new interior paint and carpet. Perfectly positioned just across from the community pool, this home combines convenience with ample room for relaxation and entertainment. As you step inside, you're greeted by a bright and airy foyer with view of the flex room and into the heart of the home, the open concept living room and kitchen. The kitchen features a large center island with breakfast bar, stainless steel appliances, and a walk-in pantry — ideal for entertaining and everyday living. The first floor also includes a convenient guest bedroom and a full bathroom, offering privacy and comfort for visitors or multi-generational living. Upstairs, you'll find a spacious loft, perfect for a media room or additional living space, along with four more generously sized bedrooms. The spacious primary bedroom is a true retreat, featuring a large walk-in closet and an ensuite bathroom with a dual-sink vanity, a luxurious rainfall showerhead, and a private water closet. Step outside onto the large brick paver patio overlooking the massive fenced backyard with plenty of space for outdoor activities or even adding a private pool. This home is directly across the street from the community park and pool, making it easy to enjoy a refreshing swim or relax by the water. Located in a prime St. Cloud neighborhood, this home offers easy access to shopping, dining, and entertainment options. The nearby 417 provides a quick commute to Orlando and beyond. Don’t miss out on this incredible opportunity to own a like-new, move-in-ready home in a fantastic location!
You may be able to put down less than the total down payment amount of $76,014 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6217647
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.