4215 Forest Hills Dr, Lakeland, FL 33813
3 beds · 2 baths · 1,935 sqft
Welcome to this delightful 3-bedroom, 2-bathroom home nestled in South Lakeland! This classic block home offers 1,935 sq. ft. of inviting living space and the convenience of no HOA fees. As you enter the home, you’re greeted by a small foyer that leads into a spacious living area, perfect for both relaxation and entertaining. To the right of the foyer, you’ll find the recently remodeled kitchen, a true highlight of the home. Featuring elegant granite countertops, crisp white cabinets with soft-close drawers, and sleek stainless steel appliances, this kitchen combines style and functionality for all your cooking needs. In addition to the three well-sized bedrooms, this home offers a versatile fourth room that can be utilized as a home office, playroom, or guest room. Two well-appointed bathrooms cater to the needs of both family members and guests. Outside, enjoy the new wooden deck—perfect for relaxing or hosting gatherings with friends and family. The beautifully landscaped garden adds a touch of tranquility, offering a private space to unwind or cultivate your green thumb. Additionally, a small detached storage shed in the backyard provides convenient space for tools, equipment, or extra storage. Located in a highly sought-after area of Lakeland, this property offers the ideal balance of peaceful residential living and easy access to local amenities, schools, and parks. With no HOA restrictions, you have the freedom to make this house your own. Don’t miss the chance to own a charming home in a prime location. Contact us today to schedule your showing and explore all that this property has to offer!
Source: STELLAR #tb8300958
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8300958
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: #tb8300958
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.