4102 Feldspar Trl, Orlando, FL 32826
4 beds · 2 baths · 2,008 sqft
**Open Saturday Nov 16th 11am to 2pm** WELCOME to this AMAZING single story home nestled within the Stonebriar community and conveniently located near UCF, Research Park, and the 417, this move-in ready 4 bedroom, 2 bath home is ready to welcome a new family! Beautiful landscaping and great curb appeal greet you upon approach. Walk through the front door into a home that is flooded by natural light, making it feel bright and airy. Right inside the front door is a combination formal living and dining room. The foyer then opens into a great combination kitchen and family room, perfect for entertaining. The kitchen is complete with miles of countertop space, stainless appliances, closet pantry, island and dinette area. The connecting family room offers a great space for spending time with friends and family with sliders to the screened porch and serene, fenced backyard. The master suite is located off the family room on the back of the house and is very spacious with upgraded ceiling fan, walk in closet, and en-suite bathroom complete with double-sink vanity, garden tub and large tile shower. The home features a split plan so the other 3 bedrooms are towards the front of the house, giving all family members their privacy. Call today to schedule your viewing.
Source: STELLAR #o6254405
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6254405
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: #o6254405
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.