4127 Innovation Ln, Clermont, FL 34711
5 beds · 3 baths · 3,597 sqft sqft
Nestled within the sought-after gated community of Innovation at Hidden Lakes, this exquisite 5-bedroom, 3-bathroom home epitomizes luxury living with an added layer of eco-friendliness and sustainability. This stunning home is located in an energy conscious community where every home is equipped with state-of-the-art solar panels, offering an eco-friendly and an incredible cost-effective energy solution to greatly reduce your monthly electric costs, with a really low monthly lease payment. Harnessing the power of the sun, the solar panels not only reduce electricity bills but also contribute to a sustainable lifestyle. Enjoy the peace of mind knowing that you are reducing your carbon footprint while enjoying reliable and renewable energy for years to come. Boasting a spacious two-story layout, it offers a seamless blend of comfort and functionality. Upon entry, be greeted by a guest bedroom and a full bathroom, leading to a sprawling formal dining area. The heart of the home resides in the expansive kitchen, complete with quartz countertops, stainless steel appliances, and a sizable island with a breakfast bar, all overlooking the cozy family room. The first floor also features an inviting office den and wood-like ceramic tile flooring throughout. Upstairs, a versatile family loft awaits, complemented by a lavish master suite featuring double walk-in closets, dual vanities, a garden-style tub, and a wide stall shower. Three additional generously sized bedrooms located on the second floor provide ample accommodation options. The garage is extra spacious, providing enough room for three vehicles with its tandem option. This home further enhances energy efficiency with its own solar panels, reducing your reliance on conventional power and offering a sustainable lifestyle. Enjoy the community amenities, including a fishing dock at Johns Lake and park area, while being conveniently located near Disney and other attractions. Discover the epitome of modern living in this Clermont gem. Schedule your showing today! ***Seller has an assumable loan option available with a historically low interest rate, so reach out to the listing agent or your buyer agent to learn more***
Source: STELLAR #o6192236
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6192236
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: #o6192236
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.