4215 FOREST HILLS DR, Lakeland, FL 33813
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!
You may be able to put down less than the total down payment amount of $111,506 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: #tb8300958
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.